Governor Rajan

The RBI governor's cult status makes him fair game for those who want to grab headlines by taking pot shots at him. As his term comes up for renewal, the PM will likely evaluate the governor on two sets of issues. One, is he an effective governor and, two, is he in sync with the government or antagonistic to it.

RBI may cut rates by 25 bps before next policy meet: BofA-ML

"RBI needed to inject about USD 30 billion in FY17 to fund 5.5 percent growth (in the old GDP series)," BofA-ML said in a research report adding that "on balance, we expect Governor Rajan to cut rates by 25 bps by April 5".

Nifty range 8200-8500; Chinese meltdown to hit India: Ambit

The current situation in China requires more reforms, more easing. This has the potential to lead to another leg of depreciation in currencies in the world, leading to a further fall in commodity prices and ultimately deflation, says Andrew Holland, CEO of Ambit Investment Advisors.

RBI likely to cut repo rate by 25 bps: CNBC-TV18 Poll

Seventy percent of economists and financial experts polled by CNBC-TV18 expect Governor Rajan to cut repo rates by 25 bps on June 2.

Expect rate cut from RBI in Q1 of next year: Axis Bank

Discussing the issue, V Srinivasan, Executive Director - Corporate Banking at Axis Bank, said that rate cut would be a difficult decision for RBI and expecting one in December is a bit premature.