Immediate rate cut unlikely, inflation still a concern: RBI Governor

Mumbai (Maharashtra) [India], November 6 (ANI): RBI Governor Shaktikanta Das clarified on Wednesday that changing the monetary policy stance to 'neutral' does not mean a rate cut in the central bank's next policy announcement.

"It should not be assumed that we have done this, so therefore the next step is a rate cut. A change in stance doesn't mean that the next step is a rate cut, in the very next meeting. It's not so,"