That's well below RBI's 4% target and its projection of 2.0-3.5 per cent in April-September
But five of 14 economists say they expect RBI to hit the 'pause' button
Deutsche Bank's Kaushik Das says the central bank would remain in a wait-and-watch mode
Here are the highlights of the policy statement presented on 7 June and last six preceding
Slowdown in GDP due to deceleration in capital formation in Q4, says the central bank
MPC members unanimously declined to meet Finance Ministry officials, said Urjit Patel
Central bank could revise inflation forecast downward; growth forecast could be revised too
Surplus not to push inflation up, says deputy governor Viral Acharya
ReiTs and InVITs typically offer higher yields but they carry higher risks as well
Real estate index climbs 2% as experts say instrument could become a reality soon
Quotable quotes from RBI governor and his deputies at the monetary policy press conference
RBI kept repo rate unchanged at 6.25% as widely expected, raises reverse repo to 6%
Says liquidity measures undertaken to reduce cost of borrowing by 0.25% for lower segment
Says global output and trade projected by multilateral agencies to gather momentum in 2017
R Sivakumar of Axis Mutual Fund said they expect short-term bonds to outperform long bonds
The exchanges will be shut on Tuesday for Ram Navami
The repo rate was kept unchanged at 6.25%
After RBI's decision to hold interest rates, Urjit Patel and other deputy governors spoke to media
RBI's bi-monthly monetary policy unfolded few disappointments
So, the key question is has the rate-cutting cycle come to an end in India. We think so