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INTERVIEW: No rate cut for more quarters to hurt FY27 growth - MPC Varma

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INTERVIEW

No rate cut for more quarters to hurt FY27 growth - MPC Varma

This story was originally published at 23:20 IST on August 23, 2024  Back
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By Pratiksha

If the Monetary Policy Committee delays cutting interest rates for a few more quarters, there is a 'serious' risk that the growth sacrifice will be prolonged beyond 2025-26 (Apr-Mar) and into 2026-27 as well, Jayanth R. Varma, outgoing external member of the Reserve Bank of India's rate-setting panel said.

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