Industry also expects the six-member MPC to take steps to improve liquidity situation and also ensure transmission of rate cuts.
India is now forecast to grow in the range of 6.3 per cent to 7.2 per cent each quarter through to end-March 2021.
At the June policy announcement, Das had said banks had passed on only 21 bps of the 50 bps rate cuts.
During this year, RBI reduced the policy rate thrice with an aggregate reduction of 0.75 percentage point in repo rate.
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