Here is a snapshot of what the markets expect from the RBI's policy review on Tuesday
The coming change of guard at RBI has raised expectations of deeper rate cuts
The targets will be notified separately by the government in consultation with RBI
While Raghuram Rajan has said in the past that other factors, including domestic fundamentals, outweigh the US Fed policy meet, this time it would be different
Scope for RBI to implement more repo cuts is shrinking at a fast pace and this could be irrespective of the monsoon dynamics
The government will take a call on the appointment of its nominees to the Monetary Policy Committee
IMF said the monetary stance remains appropriately tight for achieving near-term inflation objectives