Monsoon augurs well for rural demand, RBI rate cut: BofAML
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Monsoon augurs well for rural demand, RBI rate cut: BofAML

According to Bank of America Merrill Lynch (BofAML), good rains support the case for a 25 bps RBI rate cut on August 2 and June CPI is expected to slip below 2 per cent with food prices still falling. The post Monsoon augurs well for rural demand, RBI rate

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