Will RBI’s 35 Bps Rate Cut Help In Reviving Economy? | India Development Debate

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RBI has cut interest rates by an unusual 35 basis points and also lowered its GDP growth forecast to 6.9% from 7% earlier. This is the fourth rate cut since the start of this year. The question is though, is this enough? The RBI has made it clear there are growth concerns; will this 35 bps cut do enough to revive the economy?

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