Expect 0.25% rate cut by RBI: Experts
Views ahead of the RBI policy remain mixed. While the majority does not expect the RBI to cut repo rates, Jayesh Mehta from Bank of America and RK Bansal from IDBI Bank, both say that a token 0.25 per cent rate cut is possible as the RBI might try to lift sentiment and provide support to growth. If the RBI cuts rates, bonds yields could move lower towards, 8 per cent says Jayesh Mehta of Bank of America.
