New Delhi : The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost growth which fell to a three-year low of 5.7 per cent in the June quarter. Several experts and industry bodies too have made a strong case for lowering of the key interest rate in view of subdued inflation and the urgency to propel economic growth which appears to be reeling under the impact of demonetisation and GST implementation.
However, bankers are of the view that RBI would maintain status quo as inflation has seen an increase.
