All eyes are on the RBI's first monetary policy of the current fiscal. The six-member Monetary Policy Committee (MPC) started its deliberations for the first bi-monthly monetary policy of 2019-20. The MPC headed by RBI Governor will announce the resolution of the meeting at on April 4. There are expectations of at least 0.25% point rate cut. Here are the reasons that warrant a rate cut. HDFC Bank’s Bhaskar Panda and First Rand Bank’s K Harihar on what makes a good case for rate cut.