Growth forecast, rates: 5 key things to look for in RBI monetary policy

Monetary Policy Committee expected to hold rates and continue with an accommodative stance to encourage growth

The Reserve Bank of India (RBI) is expected on Friday to hold interest rates after a three-day meeting of its Monetary Policy Committee (MPC). The policy will likely maintain an accommodative stance, as helping economic growth remains priority. Here are key decisions to look from the review meeting:

Growth forecast likely to be trimmed

The market will look out for RBI’s GDP growth forecast for the financial year. In the last policy review meeting of April, GDP growth for the current financial year was projected at 10.5%. For the first quarter, it was projected at 26.2%. The prediction was before