Even as most banks increased the deposit and marginal cost-based lending rates recently, fuelling the prospects of an across-the-board rate hike, analysts expect the Reserve Bank of India to maintain status quo stance in its monetary policy review on April 5.
However, it would be interesting to see the RBI’s accompanying stance in light of the moderation in inflation and recent global developments. Any surprise could impact the shares of rate-sensitive sectors such as banks and automobiles.