Business Standard

Market, economists see a rate cut in RBI's April 4 monetary policy review

All 15 participants in a BS poll say they expect at least 25 bps cut in April 4 meeting

rbi, reserve bank of india

Anup Roy Mumbai
Economists and bank treasurers are almost certain that the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) will cut the policy repo rate by at least a quarter percentage point in its April 4 review meeting.
All the 15 participants in a Business Standard poll, comprising three top bank treasurers and 12 senior economists, said they expected at least a 25 basis points (bps) cut. Some even said they expect 50 bps cut, or even a cut in the cash reserve ratio as growth dives, even as heavy government borrowing meant liquidity conditions should be

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 30 2019 | 11:36 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to