With the monetary policy committee (MPC) meetings underway and the Reserve Bank of India (RBI) governor Sanjay Malhotra’s policy statement on April 8th, concerns are running high on the stance the central bank will take. This writer approached veteran banker Dinesh Kumar Khara, the former chairman of the State Bank of India and a highly regarded voice in the banking arena on what he felt would be on top of the agenda items for the MPC and what could be expected in the monetary policy?