Balanced move in tough times, says Moody’s on RBI’s 25-basis point rate cut
Mumbai, April 9 (IANS) The Reserve Bank of India (RBI) has done the right thing by sticking to market expectations at a time when uncertainty is high, Katrina Ell, Economic Research Director at Moody’s Analytics said on Wednesday. She believes the central bank’s move to cut the repo rate by 25 basis points to 6…