RBI may cut rates by 35 to 40 basis points Nomura's Varma says
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Sonal Varma chief economist for India and Asia ex-Japan at Nomura Holdings talks about India's economy and monetary policy. The Reserve Bank of India is set to deliver a fifth straight interest rate cut Friday although economists are unsure of the quantum following an unconventional 35 basis-point easing last time. Varma speaks with Shery Ahn and Paul Allen on Bloomberg Daybreak: Asia.
