Economists are divided on whether the Reserve Bank of India (RBI) should cut interest rates in August. Some point to low inflation, while others advocate caution, citing uncertainty in trade policy and the need to assess future inflation trends. The RBI will consider GDP projections and retail inflation figures when the Monetary Policy Committee meets in August.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may