India's Real GDP Growth Tracking at 8.2%, Market Eyes RBI Rate Cut

India's GDP growth stands at 8.2%, while market participants anticipate a 25-basis-point RBI rate cut in December due to easing inflation.

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India's Real GDP Growth Tracking at 8.2%, Market Eyes RBI Rate Cut

India's Real GDP Growth Tracking at 8.2%, Market Eyes RBI Rate Cut
India's real GDP growth is estimated at 8.2% YoY, with traders increasingly focusing on the likely 25-basis-point repo rate cut from the Reserve Bank of India in December. This shift is mainly attributed to easing inflation, which has led to market expectations that a rate cut will be implemented soon. The focus is on how this will impact bank margins and rate-sensitive sectors like real estate and automotive.
Companies:
  • RBI
Tags:
  • economy
  • India