New Delhi, April 22 -- The Reserve Bank of India could consider another 25 bps cut in 1HFY20 to address the domestic growth concerns, said a report from Kotak Economic Research.
Monetary Policy Committee (MPC) would meet six times during 2019-20 and the first meeting was held on April 2.
According to the schedule provided by the RBI, the second meeting in the current fiscal will be held on June 3, 4 and 6; third from August 5-7; fourth meeting October 1, 3 and 4; fifth meeting December 3-5 and sixth meeting February 4-6, 2020.
"MPC is likely to cut rate by 25 bps in 1HFY20. In sync with the policy statement, the minutes of the MPC also reaffirm our belief that the MPC might consider another 25 bps cut in 1HFY20 to address the domestic gr...