US Federal Reserve Cuts Interest Rates By 50 Bps: Assessing The Impact On Indian Financial Sector

On CNBC-TV18 | Nearly 50 bps rate cut by RBI may lead to 15-20 bps of negative impact on private sector banks' margin, Param Subramanian of Nomura tells Prashant Nair, Surabhi Upadhyay and Mangalam Maloo. Former RBI Dy Governor, SS Mundra says that forecast for recession in the US has increased and that is the trigger behind the Fed rate cuts.
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