Axis Bank's Treasury Head Neeraj Gambhir Talks About When To Expect Next Rate Cuts From RBI

Neeraj Gambhir, Treasury Head of Axis Bank, discusses the impact of RBI's recent rate cut. He anticipates banks will adjust lending rates this quarter, but deposit rates may remain unchanged due to tight liquidity. Gambhir expects RBI to continue injecting long-term liquidity through measures like FX swaps and open market operations. He also predicts continued pressure on the rupee due to weak portfolio flows.