Raghuram Rajan says rate cuts by RBI not magic bullet to propel investments
- Posted on July 21, 2025
- By Business News Today
- 1 Views
Raghuram Rajan says rate cuts by RBI not magic bullet to propel investments
Former RBI Governor Raghuram Rajan said recent repo rate cuts by the Reserve Bank are unlikely to be a "magic bullet" for boosting investments, as interest rates are not currently too high and other structural factors also influence corporate spending.
