The uncertainty created by Covid and the time period of its stay clearly brought out in RBIs statement: Negative growth in FY21, without estimates being clearly stated. Likewise a statement on inflation easing in the […]
The Monetary Policy Committee unanimously voted today (6-0) for a rate cut of 25 bps and a change in stance from ‘neutral’ to ‘accommodative’. The rate and stance easing were helped by RBI’s assessment of […]
“It is necessary to resurrect India’s consumer demand and economic growth before a synchronous downturn in advanced economies heighten market volatility. Today’s rate cut and moderation in liquidity coverage ratio coupled with recent instances of […]
The RBI’s announcement today to keep the policy rate unchanged was on expected lines. The MPC has not viewed the recent growth slowdown as being structural in nature and is expecting it to be transient […]
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