After surprising everyone with four successive rate cuts this year, Reserve Bank of India (RBI) governor Shaktikanta Das on Thursday said "there is more room" to do so given the growth deceleration and stable inflation that is likely to stay below target for a year or so.
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Thursday 19 September 2019
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Room for more rate cuts as government hands tied, inflation under check & slump deepens, says RBI governor
Room for more rate cuts as government hands tied, inflation under check & slump deepens, says RBI governor
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