The Reserve Bank of India is not likely to cut rates in its bi-monthly monetary policy review meet tomorrow, say money market participants. The banking regulator had cut the policy rates by 25 basis points (bps) in its last policy review in August. The RBI has cut policy rates only once after it changed its stance from accommodative to neutral in February.
"We expect RBI to continue to maintain the neutral stance. We expect no change in key rates. RBI may highlight concerns on gr ..
