RBI governor hints at further rate cuts

Hinting at further rate cuts, RBI governor Shaktikanta Das said that the central bank had paused in its rate cuts in December as it was waiting for an opportune time to ease policy. According to Das corporates, non-banking finance companies and banks are currently in the process of cleaning up their balance sheets, which will create the base for future growth.

from Times of India https://ift.tt/38FVP4Y