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RBI may cut rates by 25 bps: HSBC Global Research

Monday, 28 Jan, 2013 - 04:49

Jan. 28 - Leif Eskesen, chief economist for India & ASEAN at HSBC Global Research, expects the RBI to tread cautiously and cut 25 basis points in Tuesday's policy meet. He tells ET NOW that the slowdown in India is essentially supply-driven and it will be difficult to meet the fiscal target of 5.3 percent.

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RBI may cut rates by 25 bps: HSBC Global Research

Monday, 28 Jan, 2013 - 04:49

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