RBI’s fiscal year can cut rates up to just 25 basis points in 2018, as the risk of inflation could increase in the remaining time of the year. This opinion is said by most people in an ET poll made between bond traders, treasury heads and bond fund managers.

The central bank and government bonds no clashes, but included in the poll public opinion was divided on this important issue policy statements step of monetary policy, the central government’s call for the meeting to committee members before its release was right or No. Nearly 50% said that the government has the right, while an equal number of people said that it was wrong to do so. Almost everyone said that the MPC has worked well to keep rates unchanged for the same.

The poll was conducted on Thursday between 16 top fund managers. On Wednesday, the situation in the government and the RBI in respect to the rate cut was made. MPC had reduced the inflation forecast for the fiscal year 2018, but did not cut the rate. Arvind Subramanian, Chief Economic Advisor of the Government, had criticized the RBI for this.

RBI governor Urjit Patel had said on Wednesday that MPC members had unanimously declined to meet officials of the Finance Ministry before the policy meeting to show autonomy. Finance Minister Arun Jaitley said that this meeting was convened so that the government could put its opinion in front of the Reserve Bank on the economic situation. Those involved in the survey will be split on this. Almost half of people said that the meeting of the government was right.

The Treasury Head of a large foreign bank said, “The Reserve Bank is not obliged to accept the government’s recommendations. He can only listen to the center. ‘ He said, “Actually this is a dispute between Urjit Patel and Arvind Subramanian. There is a difference between land and sky in both ways.’