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Dec 17, 2012

RBI may cut interest rates: Goldman Sachs

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Reserve Bank of India
Goldman Sachs expects that Reserve Bank of India may cut the interest rate on Tuesday while reviews its policy, according to media reports.

The data over inflation for the November 2012 shows slide in the headline inflation.

It is believed that any cut in the interest rate would boost the stock markets in the India. The rate cuts would have positive impact on the liquidity in the country.

There has been also slow growth rate of GDP at 5.3 per cent in July- September. And the core inflation was at 4.5 per cent.


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