RBI may keep interest rates unchanged on April 6; expects 25 bps cut in August: BofAML
Bank of America Merrill Lynch (BofAML) in its recent research note has said that RBI is likely to keep key interest rates unchanged on April 6 with further 25 basis points rate cut expectations in its next monetary policy meet on August 2.
Reserve Bank of India headquarters in Mumbai, Maharashtra, India. Image Source: Reuters