RBI policy: RBI is expected to maintain current policy rates and stance on April 5 as the Indian economy is in a robust position and inflation is still above its target of 4 per cent.
Central banks across the Asia-Pacific, including India, are poised to adjust interest rates earlier than expected due to the Federal Reserve s swifter easing cycle. Goldman Sachs predicts rate cuts starting in the second and third quarters of the upcoming year for Indonesia, Taiwan, India, Australia, and New Zealand, yet foresees milder adjustments compared to the Fed s anticipated cycle.
RBI may keep rates steady on December 8. Experts are of the view that the RBI will stay cautious about inflation which is still above its 4 per cent target.