RBI may delay rate cut to April next year amid Fed's Hawkish stance: Yes Bank Report

Mumbai (Maharashtra) [India], December 20 (ANI): The Reserve Bank of India (RBI) may postpone the beginning of its rate cut cycle to April 2025 because of the Federal Reserve's shift towards a more hawkish monetary stance, says research a report by Yes Bank.

It said "Given INR weakness and developing volatility in financial markets, we see the start of the rate cut cycle to shift to April 2025".

The report highlighted tha