Reserve Bank of India (RBI) likely to cut repo rate in excess of 25 bps: SBI
SBI expects gross domestic product (GDP) growth for Q4 (January-March) FY19 at 6.1 per cent. The report also says that the Gross value added (GVA) growth could be at six per cent, or slip marginally below 6 per cent at 5.9 per cent.
The report said, the financial system would continue to be constrained by lack of transmission, even as the RBI continues to cut rates. PTI