Since the February RBI MPC, the macro landscape has changed significantly, with the escalation of the US-Iran war altering global risk sentiment, oil prices, and inflation expectations. This week RBI MPC is set to meet from Apr 06 to Apr 08 for its bi-monthly policy review and is likely to maintain a status quo at this week’s monetary policy outcome. However, comments by RBI Governor Sanjay Malhotra will be tracked with expectations of rate hike signals in the upcoming policy meeting
