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Business

RBI MPC meet: A rate cut seems certain, but market will watch for clues on liquidity

Updated : April 04, 2019 07:04 AM IST

It is likely the RBI lowers the average growth for the current year to 7.2 percent from the current 7.4 percent.
A change in stance can be justified only if the RBI cuts is gross domestic product (GDP) expectations for the current year.
Of course, the RBI’s views on setting external benchmarks for bank lending rates may also be announced along with the policy.
RBI MPC meet: A rate cut seems certain, but market will watch for clues on liquidity
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