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RBI may cut rate by 0.25% next month: BofA-ML

Last Updated: Monday, July 13, 2015, 18:36

The Reserve Bank is likely to cut benchmark interest rate by 0.25 percent in its next month's policy review if monsoon rains remain normal, Bank of America Merrill Lynch said Monday.

Low inflation offers scope of RBI rate cut to boost growth: SBI

Last Updated: Sunday, July 5, 2015, 15:12

"With ebbing inflationary pressures there may be further scope for monetary stimulus to pump up domestic demand," SBI Chairperson Arundhati Bhattacharya said.