ET Now: The Indian central bank has cut rates. Can monetary easing help kick-start the economy?
Basically what the lower interest rates in India might do is to weaken
the rupee, and obviously then if the rupee weakens, we might have some
inflationary pressures like in other countries. In India, the rate of
inflation is vastly understated. So in real terms, probably economic
growth is rather slow. - in a recent interview with ETNOW