Mumbai : The Reserve Bank's Monetary Policy Committee commenced its three-day deliberations amid expectations of 25 basis point rate cut, but some experts believe that the central bank may settle for status quo.The decision of the RBI Governor Sanjay Malhotra-headed six-member rate-setting panel will be announced on Friday. The meeting is taking place against the backdrop of falling inflation, rising GDP growth, rupee crossing 90 against dollar and ongoing geopolitical tensions.

The RBI reduced the key short-term lending rate (repo) by 100 basis points in three tranches, beginning in February, amid declining consumer price index (CPI) based inflation."We anticipate a 25-basis point cut in the repo rate in December. While growth remains robust, a significant decline in retail inflation in

See Full Page