Global factors like rising US rates, increasing oil prices and fear of strengthening dollar may prevent the RBI from taking any rate action. The central bank may have to opt for a long pause till the month of March 2018, said Anil Bamboli, Senior Fund Manager-Fixed Income, HDFC Mutual Fund in an interview to Moneycontrol.
"Most domestic factors like low CAD (current account deficit), range-bound CPI (consumer price index) and low capacity utilisations are still supportive of stable or lower interest rates," Bamboli said.
