Oil shock, inflation pressures dampen RBI rate-cut hopes
- Posted on March 11, 2026
- By Business News Today
- 4 Views
Oil shock, inflation pressures dampen RBI rate-cut hopes
Economists believe India's policy interest rate cuts are unlikely to continue due to West Asia crisis-driven inflation risks and the fading of a favorable base effect. Sustained foreign outflows and a weakening rupee could also force the Reserve Bank of India to reconsider further easing, potentially even a hike.
