The Reserve Bank of India is widely expected to slash interest rates in the monetary policy review on 4 October. The global environment has weakened since the last MPC meeting in August, with another round of US-China tariff escalation, and increased supply risks to oil following the drone attacks on Saudi facilities. Will rate cuts by RBI save stock markets? How will it impact macros going ahead? Mint's Nasrin Sultana speaks to Saugata Bhattacharya, Chief Economist, Axis Bank about his expectations of the RBI monetary policy.
The Reserve Bank of India is widely expected to slash interest rates in the monetary policy review on 4 October. The global environment has weakened since the last MPC meeting in August, with another round of US-China tariff escalation, and increased supply risks to oil following the drone attacks on Saudi facilities. Will rate cuts by RBI save stock markets? How will it impact macros going ahead? Mint's Nasrin Sultana speaks to Saugata Bhattacharya, Chief Economist, Axis Bank about his expectations of the RBI monetary policy.