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Pressure has mounted on the Reserve Bank of India (RBI) Governor Raghuram Rajan to cut rates in the monetary policy review on Tuesday to lower key rates. The government says an "investment-driven" demand revival is required to push economic growth and lower rates for industry is an imperative for that to be achieved. Here are 4 power points of note: </br>
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RBI Guv Raghuram Rajan's monetary policy review meet today: Analysts predict a quarter-point cut by RBI when it presents its bi-monthly monetary policy review Tuesday. (Express photo by Prashant Nadkar)
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RBI Guv Raghuram Rajan's monetary policy review meet today: Governor Rajan had left the main rate unchanged at 7.25% in August after three cuts in 2015 to meet the inflation target of 6% by January. (Express photo by Dilip Kagda)
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RBI Guv Raghuram Rajan's monetary policy review meet today: If he goes ahead with a rate cut, taking the cumulative rate cuts for the year to 100 bps, Raghuram Rajan may underscore the point that more cuts may have to wait. (Express Photo by Ganesh Shirsekar)
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RBI Guv Raghuram Rajan's monetary policy review meet today: Rajan may nudge banks on transmission of cuts in their lending rates. (PTI)
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