RBI’s monetary policy committee will meet on 4-5 April to decide on repo rate. RBI’s monetary policy committee will meet on 4-5 April. However, the inflation trajectory is likely to change with the June print seen peaking because of the base effect. Right now, there are quite a few uncertainties on inflation and growth trajectory which warrant careful assessment. In the last policy, RBI had projected an acceleration in economic growth to 7.2% in FY19 from a level of 6.6% in FY18.

Source: Mint April 01, 2018 19:30 UTC