Is there hope for another round of rate cut?

With risks to growth remaining elevated and inflation benign, some economists see 25 bps rate cut in Aug MPC meet

- BENN KOCHUVEEDAN @Mumbai

CAN lenders hope for another round of rate cut by the Central bank, as its monetary policy committee (MPC) set to start its 3-day meeting on Monday? The 25% export duty shocker from the US effective August 7, which if not reversed to a reasonable level may shave off 20-30 bps economic growth, this year, has the Mint Road-watchers divided with some calling for a monetary support given below-target inflation prints while some others calling for caution till the tariff talks are completed.