 "MPC rate cuts, Monetary Policy")
The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India is expected to maintain the status quo on its stance at the December policy meeting, scheduled for December 3-5, according to a Business Standard poll of economists from 12 financial institutions. They anticipate the RBI to hold a neutral stance with a dovish undertone.
As many as seven of the respondents believe no rate cut will be announced on Friday. Strong second-quarter GDP figures announced last week are a key reason many expect the rate-setting panel to maintain a pause on repo rate, which is currently at 5.50
