ENM: RBI may not increase rates on Apr 1 policy review: BNP Paribas
NEW DELHI: The Reserve Bank is likely to hit the pause button in its next monetary policy review on April 1, as the decline in inflation may give the central Bank "room to pause monetary tightening," says a BNP ParibasBSE 0.00 % report.
According to the financial services major, the recent decline in inflation, driven largely by food prices, gives the RBI room to pause monetary tightening.
"As per RBI guidance, we do not expect it to increase rates in April, and expect just o ..