RBI Monetary Policy Review: Shift To Accomodative Stance In Times Of Uncertainty, Says Dolat Capital

As Governor stated, the stance of policy signals the intended direction of policy rates going forward. In the absence of any shocks, MPC is considering either status quo or rate cuts. We expect cumulative 100 bps of rate cuts (out of which 50 bps is already done) in the ongoing easing cycle. If economic situation demands and in absence of any food price shocks due to weather related changes, we could expect furthermore easing from MP...