Reserve Bank of India will announce the 5th Bi-monthly
monetary policy on Dec 7 & repo cuts are expected. This is the first
monetary policy after the demonetisation of old high-value currencies. It will
be based on the recommendations of Monetary Policy Committee, which will meet
on Dec 6 and 7. Usually, the central bank announced monetary policy reviews on
Tue. It makes the monetary policy public at 11 AM.