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RBI monetary policy: Nomura predicts repo rate and CRR cuts on December 6

RBI monetary policy: Nomura predicts repo rate and CRR cuts on December 6
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VidyaBy : Vidya

  |  5 Dec 2024 11:25 PM IST

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Aurodeep Nandi, India Economist at Nomura, expects RBI to announce a 25 basis points repo rate cut and a 50 basis points Cash Reserve Ratio (CRR) cut in the upcoming policy to address the economic slowdown and infuse durable liquidity. The next RBI policy date is December 6.

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