RBI may push back rate cuts a bit; a 25 bps cut possible in next few months: Jeremy Zook, Fitch

Fitch Ratings' Jeremy Zook anticipates a 25 basis points rate cut in the coming months, though this could be delayed due to persistent food inflation. Despite a slight dip in Q1 GDP, Fitch maintains a strong growth forecast for India. Private capex remains crucial for sustained medium-term growth and potential ratings upgrade.