Business Standard

Experts see 25 bps rate cut by RBI in December, FY20 GDP forecast at 6%

Repo rate now stands at 5.15%, lowest in nine years. A sixth cut this year would mark the longest streak of consecutive rate cuts since the current interest rate framework was introduced 20 years ago

RBI, reserve bank of india
Web Exclusive Premium

Nikita Vashisht New Delhi
When the Reserve Bank of India’s (RBI) monetary policy committee (MPC) meets between December 3 and December 5 to review the interest rates, it will face the dilemma of strengthening a dwindling economy while keeping a check on inflation at around 4 per cent. Analysts, however, see the MPC slashing rates by up to 25 basis points (bps), along with a marginal cut in FY20 gross domestic product (GDP) growth forecast.

Repo rate -- the rate at which banks borrow from the apex bank -- stands at 5.15 per cent, lowest in nine years. A sixth cut this year would

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 29 2019 | 6:53 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to