RBI likely to slash interest rates in third straight cut

The six-member monetary policy committee led by Governor Shaktikanta Das will reduce the repurchase rate by 25 basis points to 5.75% on Thursday, say 31 of 43 economists surveyed by Bloomberg, while three are penciling in a 50 basis points cut.

from Hindustan Times - topnews http://bit.ly/2ZadLit