Reserve Bank Governor Raghuram Rajan will announce the fifth bi-monthly monetary policy review on December 1.

1. Another state-run lender United Bank's executive director Sanjay Arya said he also expects a status quo tomorrow.

2. Moreover, analysts at American brokerages Citi and Bank of America Merrill Lynch also ruled out any surprise this time.

3. Industry body Assocham also expects the apex bank to keep the benchmark rate unchanged with global factors influencing its stance.

4. The US Federal Reserve is expected to affect its first hike in nearly a decade at its two-day meeting from December 16. The US repo rate has been at 0-0.25 percent since the 2008 global credit crisis.

5. Citi said the impact of the seventh pay commission, which suggested a 23.55 percent hike, involving an additional burden of Rs 1.02 trillion annually, on the Budget also warrants a cautious stance for now.

 

 

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