RBI Monetary Policy: Will Shaktikanta Das cut rates in his first review meeting?
The reserve bank is not expected to cut on interest rates due to rising crude prices and fiscal issues. Sr. Research Analyst Avinash Gorakssakar told Zee Business Online, ''The result of MPC meeting will be 50-50 on the revision of rates. For any changes to rates, the RBI will wait for full budget to be presented.''
The Reserve Bank of India (RBI) is likely to not disturb the policy repo rate due to concerns on weak fiscal numbers in FY19, in order to align the expenditure proposals announced in the interim Budget. PTI