Anticipate repo rate cut only in late 2024: SBI Capital Markets

New Delhi [India], June 9 (ANI): SBI Capital Markets anticipated an interest rate cut late in the calendar year 2024, adding that the Reserve Bank of India (RBI) is now focusing on local disinflation and growth while monitoring global trends.

The report of SBI Capital Markets further added that RBI's effective monetary and fiscal policies led to a stellar real growth of 8.2 per cent year on year in the financial year 2024