RBI rate: Amundi urges 50 bps cut over 12 months; warns US tariffs may slow growth

Amundi, the French asset manager, advises that India’s central bank should consider a 50 basis point interest rate cut over the next year. They fear that economic momentum may wane in 2026 due to potential US tariffs. However, robust domestic demand and anticipated fiscal measures, such as adjustments to GST and reductions in income tax, could bolster growth.