RBI Apr MPC meeting preview – Committee will likely cut rates by 25 bps, neutral stance to be maintained The Reserve Bank of India’s monetary policy committee shall announce the resolution of the Apr meeting outcome this Wednesday. We expect the committee to cut policy rates by 25 bps and retain the neutral policy stance. Given heightened concerns around ongoing trade war along with uncertainty around impact on India economic activity, we believe the RBI will remain watchful of how global developments shape up in the next few months.
