Monetary Policy: Here's what leading brokerages, analysts expect from RBI

The central bank is likely to cut repo rate for the fifth time in a row

The Reserve Bank of India (RBI) is expected to cut repo rate for the fifth consecutive time in its fourth bi-monthly monetary policy meeting of the financial year 2019-20 (FY20) that concludes on Friday. 

The central bank has already slashed the repo rate four times consecutively this year amounting to 110 basis points in aggregate. The upcoming monetary policy committee (MPC) meeting comes in the backdrop of the RBI's mandate to banks to link their loan products to an external benchmark, like repo rate, for faster transmission of reduction in policy rates to borrowers, from October 1.

While rate cut