BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
In line with our expectations, the Monetary Policy Committee, along with its three newly elected external members, has kept the policy repo rate unchanged at 4%.
The reverse repo rate and bank rate too stands unchanged at 3.35% and 4.25%, respectively.
The decision to keep the policy rates unchanged and continue with the accommodative stance was taken unanimously.
However, the decision to keep the accommodative stance at least during the current financial year and into the next financial year was taken with 5-1 majority (Prof. Jayanth R. Varma was against this formulation).
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.