It is crucial for RBI to maintain its ease rate stance: JSPL

India Infoline News Service | Mumbai | August 05, 2015 07:31 IST

"We believe if RBI cuts policy rates in future adding upto 200 basis points by the end of 2015 - it will be a big stimulus for the economy, says Ravi Uppal

"It is crucial for the RBI to maintain its ease rate stance in order to energize - the economy and the stressed core sectors in particular that are plagued by a multitude of issues ranging from high banking exposure to subdued demand. We believe if RBI cuts policy rates in future adding upto 200 basis points by the end of 2015 - it will be a big stimulus for the economy."
The author is Ravi Uppal - MD & Group CEO: Jindal Steel & Power Ltd

***Note: This is a NSE Chart

 

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