DBS also attributed the cut to the change in the real rates framework.DBS said there can be Open Market Operations of up to Rs 70,000 crore over the already done Rs 1.Mumbai: A day after the pump motor monetary policy committee (MPC) debuted with a surprise 0..1 lakh crore in the remainder of the fiscal till March 2017, while BofAML put the figure at Rs 90,000 crore by March.Economists at foreign brokerage Bank of America Merill Lynch said however that it doesn't expect any rate cut in the upcoming review of the bi-monthly policy in December.25 per cent cut on February 7," it said in a note.Icra said the Open Markets Operations will be between Rs 50,000-60,000 crore till December alone.All the brokerages and analysts said that having committed to keeping the liquidity deficit at neutral, the RBI will continue its liquidity injection through the open market operations or buyback of G-Secs.In a note, domestic rating agency Icra said it expects the rate easing cycle to continue.JPG Icra said the Open Markets Operations will be between Rs 50,000-60,000 crore till December alone.

Concurring with this view, Singaporean brokerage DBS also said the next rate cut can happen only in the first quarter of 2017 and not at the next policy review.25 per cent on ebbing inflation and to push the growth."With the indication that real interest rates (the differential between the key lending rate and inflation) may need to be lower than 1.Newly appointed Governor Urjit Patel had a conference call with analysts after the announcement of the policy yesterday in which the media was not allowed."We expect a final 0.25 per cent to 6-year low of 6

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