The Reserve Bank of India (RBI) logo is displayed inside the central bank building in Mumbai, India. (Photographer: Karen Dias/Bloomberg)  

India’s Contrarian Economist Sees 35 Basis-Point Rate Cut

(Bloomberg) -- Bank of America Merrill Lynch economist Indranil Sen Gupta is betting the Reserve Bank of India will lower its benchmark interest rate by an unconventional 35 basis points on Thursday.

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