RBI policy hawkish, expect a rate cut only in April-June 2024: Analysts
The Reserve Bank's status quo in policy rates and the accompanying commentary was termed as a "hawkish" pause by analysts on Friday. Many professional watchers said the fourth consecutive pause pushes their expectations of a rate cut further, with some saying it can happen only in the April-June quarter of 2024.
After announcing the rate panel decision, Governor Shaktikanta Das said the RBI will be "actively disinflationary" and "emphatically reiterated". Pic: Reuters