RBI may cut rates in February if winter harvest goes well: HSBC
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HSBC's chief India economist suggests that the Reserve Bank of India might cut rates in February if the winter harvest is successful, potentially easing inflation concerns.
December 13, 2024 | 9:45 am
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HSBC's chief India economist suggests a potential rate cut by the Reserve Bank of India in February if the winter harvest is successful, which could impact inflation and economic conditions.
The news primarily discusses the Reserve Bank of India's potential actions, with HSBC providing analysis. While HSBC is mentioned, the direct impact on its stock is limited as the focus is on India's economic conditions.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 50