Easing India inflation may prompt additional rate cuts by 50bps: ICRA

Repo rate cuts of 50 bps expected over the next few quarters: Post the rebasing of the CPI index to 2012 from 2010, CPI inflation stood at 5.1% in January 2015 in y-o-y terms, well below the RBI and rsquo;s medium term target of 6.0% by January 2016.
Source: Commodity Online

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