Rate cut likely by year-end; GST reforms to boost credit demand: Goldman Sachs

  • Posted on October 19, 2025
  • By Business News Today
  • 3 Views
Rate cut likely by year-end; GST reforms to boost credit demand: Goldman Sachs

An additional policy rate cut is expected before year-end, alongside recent GST simplifications indicating that peak fiscal consolidation is behind us. These factors, combined with domestic regulatory easing, are likely to foster a gradual recovery in credit demand, said a report by Goldman Sachs.
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