Rate cut likely by year-end; GST reforms to boost credit demand: Goldman Sachs

New Delhi [India], October 19 (ANI): An additional policy rate cut is expected before the end of the year, alongside recent GST simplifications, indicating that peak fiscal consolidation is behind us. These factors, combined with domestic regulatory easing, are likely to foster a gradual recovery in credit demand, said a report by Goldman Sachs.

'We expect an additional policy rate cut before year-end, and the r