The Reserve Bank of India is likely to hit the pause button in its policy review meet on April 7, but might go for a 25 basis points cut by June, says a report by DBS.
According to the financial services firm, after surprise reduction in policy rates in March, no rate cut move is expected in the April 7 annual policy meet of the central bank. "After the off-cycle cut in March, no move is likely in April, but accompanying remarks will be of interest," DBS said in a research report.

Source - http://timesofindia.indiatimes.com