RBI MPC may change policy stance to neutral this week: Experts
The RBI's Monetary Policy Committee is likely to change its policy stance to neutral in its meeting this week on low inflation footprint but would refrain from cutting interest rates due to fiscal challenges and rising crude oil prices, experts said.
The RBI's bimonthly meeting of the MPC is scheduled from February 5 to 7. It would be the first MPC meeting under RBI Governor Shaktikanta Das, who took charge in December 2018 following sudden exit of Urjit Patel. Image source: PTI