Europe EditionRBI Likely to Go for Deeper Interest Rate Cuts Amid Slower Growth, Low Inflation: Morgan Stanley - ChiniMandi
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RBI likely to go for deeper interest rate cuts amid slower growth, low inflation: Morgan Stanley - ChiniMandi
New Delhi : The Reserve Bank of India (RBI) is expected to go for deeper interest rate cuts as part of its policy response to slower economic growth and controlled inflation, according to a report by Morgan Stanley. The report said that the policy approach is likely to remain countercyclical, meaning the RBI would take steps to support the economy when growth slows down. It said, “We expect the RBI to respond with a deeper easing cycle, premised…
New Delhi. Global financial services firm Morgan Stanley on Wednesday upgraded India's growth forecast to 6.2 percent for FY26 and 6.5 percent for FY27. The financial firm said that the country is growing rapidly due to the strong domestic economy amid external uncertainty. Earlier, Morgan Stanley had projected India's growth rate to be 6.1 percent for FY26 and 6.5 percent for FY27.
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