BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Systematix Report
In its Monetary Policy Committee review, the Reserve Bank of India continued to support growth while remaining cautious about the severity of the Omicron variant.
The central bank maintained its accommodative stance, prioritising durable growth on a sustained basis.
It retained its real GDP projection of 9.5% for FY22 and marginally lowered the projection for Q3 FY22 and Q4 FY22.
The growth outlook is supported by expectations of resilient rural demand, the release of pent-up urban demand, the government’s infrastructure push and improving business outlook and consumer confidence.
By increasing the quantum of its 14-day variable reverse repo rate auctions from Rs 6.5 trillion on December 17, 2021 to Rs 7.5 trillion on December 21, 2021, the RBI continues its process of gradual absorption of liquidity from the financial system.
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 author entity 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.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR