QuantEco's Rao: RBI Unlikely To Cut Rates In FY24

The transcript discusses the Reserve Bank of India's (RBI) focus on core inflation and potential rate hikes, influenced by both domestic factors and the Federal Reserve's actions. It examines the impact of currency behavior on inflation and the conditions under which the RBI might consider rate cuts, highlighting the differences between urban and rural demand. The discussion also touches on how the Fed's policies could affect the RBI's decisions, emphasizing the role of domestic compulsions in shaping monetary policy.

What conditions would prompt the RBI to consider cutting rates?

What is the expected trend of rural demand in the current economic context?

How do domestic compulsions influence the RBI's policy direction in relation to the Fed's actions?