The Reserve Bank of India is widely expected to cut interest rates in the forthcoming monetary policy review on December 5. However, the bad news is that a majority of economists polled by TOI expect the RBI to cut its repo rate by 25 basis points to 4.9% which would be immediately transmitted to retail borrowers as banks now link loans to an external benchmark.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/35QwKlz
