RBI to announce monetary policy review on Feb 2
The RBI will reportedly announce the sixth Bi-monthly monetary policy review for the current financial year on February 2. The  RBI, in 2015, reduced key policy rates by 1.25 percentage points to 6.75%. Meanwhile, Bank of America Merrill Lynch said that it expects the RBI to further cut the repo rate by 0.25 percentage points in the review. 