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Nomura drops April India ratecut call on firmer inflation, RBI 'stealth easing'

Nomura has revised its outlook, now anticipating no interest rate cut by India's central bank in April. This shift stems from projected inflation increases and existing stealth easing measures. The Reserve Bank of India's policy corridor, with the call rate near 5%, suggests a pause is likely, despite new inflation data.

13 Feb 2026 12:55 pm