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India seen set for fourth interest rate cut of 2019

Published on: Thursday 01 August 2019

India seen set for fourth interest rate cut of 2019 The Reserve Bank of India (RBI) is likely to cut rates next week for a fourth time in 2019 as benign inflation gives it room to help an economy that is growing at its slowest in nearly five years. Reducing interest rates would please Finance Minister Nirmala Sitharaman, who delivered her first budget


News source: https://finance.yahoo.com/news/india-seen-set-fourth-interest-085736050.html

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