If the RBI does cut rates in October and early next year it will be the most aggressive amongst major central banks in easing policy
In the third bi-monthly monetary policy review, the central bank cut the repo rate for the fourth time in a row to 5.40 percent-- a nine-year low, and retained neutral stance going forward
The RBI reduced its main rate by an unconventional 35 basis points to 5.4%, the lowest since 2010
Over the past one year, long-duration and gilt funds have given high double-digit returns. Nonetheless, experts do not suggest investing in these categories
The Reserve Bank of India on Wednesday decided to reduce the repo rate by 35 bps to 5.40 per cent
Further rate cuts are contingent on the non-banking financial company sector recovery prospect
Nifty Auto, PSU Bank and Realty indices were trading red in the range of 0.13% to 1%, while Nifty Private Bank and Nifty Bank index up 0.67% and 0.37%, respectively, against an unchanged Nifty50.
Finance Minister Nirmala Sitharaman has ratcheted up pressure on the six-member monetary policy committee for a 'significant cut' to lift economic growth from a five-year low
Economic and markets indicators are increasingly signaling a slowing economy, but an even greater worry is a weakness of both consumer and investment sentiment
Confidence-building measures from the government are essential to boost the sentiments of the investors
They are going to cut rates in August and again later, mainly due to low growth and weak inflation, said an economist
RBI Governor Shaktikanta Das had expressed concerns over the slow transmission of interest rates to benefit customers, despite successive policy rate cuts
Rate cut transmission to the end borrower is what the market is still waiting for.
The RBI would do well to frontload rate cut as growth is faltering and inflation well within target
Rate cuts are very much likely, given there are emerging concerns on growth and projected inflation is fairly within the comfort zone, said Rajeev Radhakrishnan
The RBI had cut interest rate by 25 basis points each in February 2019 and April 2019 to boost economic growth
Governor Shaktikanta Das has cut borrowing costs and eased lending norms to boost credit flow since taking charge at the central bank in December
The World Bank said global economic growth would lessen to 2.9 per cent this year, from a downwardly revised 3 per cent in 2018, citing 'rising downside risks' to the outlook
Under the chairmanship of Governor Shaktikanta Das, the committee voted four against two for a 25 basis point repo rate cut
The yield on the benchmark 10-year bonds, for instance, is up five basis points this month. In comparison, the five- and three-year yields have fallen at least 22 basis points in the period