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Tamal Bandyopadhyay

Consulting Editor, Business Standard & Senior Adviser, Jana Small Finance Bank. Linkedin Top Voice 2019

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Reserve Bank of India: Fiscal Year 2020 Take a look at each policy action and GDP estimate -- February: GDP growth for 2020 estimated 7.4%; policy rate cut by 25 basis points from 6.5% to 6.25% April: GDP growth estimate pared to 7.2%; 25 bps rate cut to 6% June: GDP growth estimated pared to 7%, 25 bps rate cut to 5.75% August : GDP growth estimate pared to 6.9%. 35 bps rate cut to 5.4% Oct: GDP Growth pared to 6.1%, 25 bps rate cut to 5.15% December : GDP growth estimate pared to 5%. No rate cut ------------------------------------------------------------------ Overall: GDP growth cut 240 bps. Rate cut 135 bps #gdp #economy …see more

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