Will RBI cut Base points?

RBI, Reserve Bank of India is expected to go for a 25 basis points rate cut on or before its scheduled policy.

"RBI needed to inject about $30 billion in FY17 to fund 5.5 per cent growth ," BofA-ML said in a research report adding that "on balance, we expect Governor Rajan to cut rates by 25 bps by April 5".