Expect another 25-40 bps rate cuts this year, says UTI MF
  • 5 years ago
Reserve Bank of India (RBI) cuts repo rate by 35 basis points (bps) to 5.40 percent and maintained its stance as accommodative in August 7 monetary policy. Amandeep Chopra, group president & head of fixed income at UTI Mutual Funds (MF) shared his views and outlook.