Experts' Take
Deepak Kapoor, Director, Gulshan Homz
“A cut of 25 bps was expected as RBI was approaching the end of rate-cut cycle. It has been done after wait and watch policy few days before the Budget in the corning quarter. A tut of 25 bps was possible as economic indicators such as fiscal deficit is under control, oil prices are already down, 4 DP growth rate is as expected and the inflation is in control.”
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