RBI will evaluate global commodity prices before deciding on rate cut: Yes Bank
New Delhi [India], October 7 (ANI): As the Reserve Bank of India's (RBI) ongoing meeting draws attention, experts widely believe that the central bank will not announce any changes to the repo rate during this session.
However, a latest report by Yes Bank noted that before announcing the rate cut the central bank is expected to evaluate risks arising from global commodity prices, as well as inflationary pressures in the U