RBI policy statement ‘pragmatic’, ‘cautious’; expect no rate cut till Q4: SBI
With GDP growth in FY24 set to decline from 8% in Q1 to 5.7% in Q4, the first rate cut of 25 bps is expected in Q4 FY24, says report
With GDP growth in FY24 set to decline from 8% in Q1 to 5.7% in Q4, the first rate cut of 25 bps is expected in Q4 FY24, says report
Dinesh Khara took over as chairman of the State Bank of India at the peak of the pandemic. Talking to Fortune India, Khara says he believes that FY22 is already showing signs of a revival.
Leading economists believe the vaccine might not end the economic disruption which the Covid-19 pandemic has caused. Normalcy will come over time, and with pain.