Inflation expectations have improved significantly and stabilised below 9 per cent for a year and an extended pause is unlikely to change the expectations dynamic materially
India Ratings said it expects a long pause from the RBI and there will be no rate actions till March 2019
Rupee initially touched a high of 64.02 before making downward movement
The sector also got benefit in the Budget 2018-19 announced by Finance Minister Arun Jaitley last week
The central bank kept its main repo rate at 6.00 percent for a third straight policy meeting and retained its "neutral" stance
The report said RBI bond purchases would not only provide the market some succour, but also provide support to the economy
The six-member MPC kept the repurchase rate unchanged at a near seven-year low of 6%
Business Standard tracks how key metrics have moved during one year of Urjit Patel at the helm of RBI and a monetary policy committee in place
RBI's Urjit Patel starts 2-day policy review; Industry, govt hope for rate cut to spur growth
The RBI reduced the repo rate by 0.25 per cent to 6 per cent in August, citing reduction in inflation risks
Taken together, it will mostly translate into an MPC vote of 5-1 to keep rates on hold while maintaining a neutral stance
Traditionally, the RBI governor visits the Finance minister ahead of each monetary policy meeting
RBI's status quo is a disappointment
RBI keep the policy repo rate unchanged at 6.25%
Statutory liquidity ratio was cut by 50 basis points to 20 per cent starting June 24
6 member Monetary Policy Committee meets on June 6, 7 for 2nd Bi-monthly Monetary Policy Statement
Inflation-targeting central bank should be conservative and cautious in its estimates and views
Report says RBI didn't suck out excess liquidity with its permanent tools like OMO, CRR hike
RBI policy review will take place at 2:30 pm
A pause is indeed the most likely outcome of the April policy