March 7, 2025 1:02 PM March 7, 2025 1:02 PM
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RBI likely to cut rates by 50-75 bps in 2025-26 to support consumption: CRISIL Report
The Reserve Bank of India (RBI) is expected to cut benchmark rates by 50-75 basis points during 2025-26 to support consumption and lower borrowing costs, credit rating Agency Crisil's India Outlook 2025 report has said. Lower interest rates are expected to mildly support consumption, as these...