Rate cuts are very much likely, given there are emerging concerns on growth and projected inflation is fairly within the comfort zone, said Rajeev Radhakrishnan
The RBI had cut interest rate by 25 basis points each in February 2019 and April 2019 to boost economic growth
Governor Shaktikanta Das has cut borrowing costs and eased lending norms to boost credit flow since taking charge at the central bank in December
The World Bank said global economic growth would lessen to 2.9 per cent this year, from a downwardly revised 3 per cent in 2018, citing 'rising downside risks' to the outlook
Under the chairmanship of Governor Shaktikanta Das, the committee voted four against two for a 25 basis point repo rate cut
The yield on the benchmark 10-year bonds, for instance, is up five basis points this month. In comparison, the five- and three-year yields have fallen at least 22 basis points in the period
The Wall Street bank said lower inflation projections, and expectations of a slower pace of US policy rate hikes prompted it to shift its call from a previous forecast of no change in February
"The government welcomes the MPC's assessment and notes its decision to maintain the policy rate," he said
Though CPI inflation is likely to be 5.2 per cent in December 2017, it would cool down to around 4.5 per cent in the first half of 2018, suggested BofAML
The RBI too has upped its inflation projection to 4.2-4.6% by March 2018
The bond market suggests that inflation will stay elevated
We expect the RBI to cut policy rates, if not in December then in its next policy review: Finance Ministry
CPI based inflation, adjusted for house rent allowance is moderating, and the HRA impact is largely 'statistical': Report
India's retail inflation had swelled to 5-month high of 3.36 per cent in August on costlier vegetables and fruits
FM Jaitley recently said the govt would come out with additional measures to boost economic activities
It's ironical that every time a crucial quarterly meet is due, huge pressure is exerted upon the RBI from different quarters
Officials say lower interest rates needed to boost manufacturing
In its last policy review in August, the RBI reduced the repo rate by 0.25% to 6%
RBI reduced the repo rate by 0.25 per cent to 6 per cent earlier this month
RBI Committee on Monetary Policy did not have a unanimous opinion on rate cut