Going forward, we think that the scales could tip in the favour of growth as soon as inflation prints become more palatable," the report by HDFC Bank's economists said
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'We expect a gradual recovery in income growth right into the second half of next year', said Das
The central bank, which reviews policy on Thursday, should look to pull down long-term yields by selling short-tenor bonds and reinvesting in longer-term ones, said Suyash Choudhary
RBI has delivered 135 basis points of interest-rate easing this year, but lenders have only transmitted a fraction of that to borrowers.
A rate cut on expected lines would boost the equity indices
Even as market rates have fully reflected the rate cuts, companies are not necessarily in the mood for borrowing, as they face a slump in consumption demand and investment in the country
The five reductions Shaktikanta Das's overseen haven't given the economy back its groove.
Finance Minister Nirmala Sitharaman said this week she's not closing the door on additional steps to support the economy.
The report said even as food CPI will remain elevated, core CPI will go below 3 per cent in this fiscal.
Bank of America Merill Lynch expects the RBI to slash rates by 25 basis points (bps) in its December monetary policy review and follow it up with another 15 bps cut in February 2020
MPC concern explains Governor Shaktikanta Das's statement that the Reserve Bank of India would keep its policy stance accommodative.
Bond Bulls in India Bet on Rate Cuts to Counter Fiscal Worries
The Friday rate cut was the fifth consecutive rate reduction by the RBI this year
The direction is clear -- there will be more rate cuts but the pace will depend on the incoming data
The Reserve Bank of India lowered its benchmark repurchase rate by 25 basis points to 5.15 per cent on Friday, in line with the forecasts of a majority of economists
The RBI's action was also influenced by central banks globally, especially those of the emerging markets
Global slowdown adds to the worries, as any improvement in Indian economy is only expected to start after 4-6 months, say experts
The govt -- which is sticking to its 7% growth projection for the fiscal -- has recently announced a number of steps to improve India's longer-term growth, without providing any immediate support
RBI has cut interest rates four times this year