RBI's pause may continue, Dalal Street to tread cautiously

The US Federal Reserve's decision to cut rates by 50 basis points is unlikely to prompt an immediate reaction from RBI. This move could help stabilize the rupee and lower borrowing costs. Experts have mixed opinions on its impact, with some seeing benefits for NBFCs while others remain cautious about broader economic effects.

Sep 19, 2024 - 05:30

RBI's pause may continue, Dalal Street to tread cautiously

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The US Federal Reserve's decision to cut rates by 50 basis points is unlikely to prompt an immediate reaction from RBI. This move could help stabilize the rupee and lower borrowing costs. Experts have mixed opinions on its impact, with some seeing benefits for NBFCs while others remain cautious about broader economic effects.