Mumbai, Nov. 20 -- The Reserve Bank of India (RBI) should move away from its recent neutral policy stance and deliver an additional 50 basis points of rate cuts over the next 12 months, according to a report by Amundi, a French asset management company.
The report said the central bank may need to act as economic growth may begin to soften in 2026 due to the US tariffs that disadvantage India versus regional players.
It stated "domestic demand remains the principal growth driver. Despite the recent GDP forecast upgrade, we continue to expect some deceleration in Calendar Year (CY) 26".
The report noted that India's domestic demand continues to be the main driver of growth. Despite a recent upgrade to GDP forecasts, the firm expects som...
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