RBI won't go for deeper rate cuts, say experts
By Ira Dugal | Published On: June 18, 2012 09:40 (IST) | Duration: 16 min, 13 sec
Saugata Bhattacharya, Senior VP-Business & Economic Research, Axis Bank and Indranil Pan, Chief Economist, Kotak Mahindra Bank discuss what the RBI's stance will be. Bhattacharya said that the RBI will be reluctant to go for a deeper cut this time. Agreeing with Bhattacharya, Pan said that he too is expecting a zero rate cut from the RBI.