RBI Monetary Policy Review - No Policy Surprises; Gradual Liquidity Absorption In Process: Systematix

RBI Monetary Policy Review - No Policy Surprises; Gradual Liquidity Absorption In Process: Systematix

The Reserve Bank of India (RBI) logo is displayed on a gate outside the central bank’s regional headquarters in New Delhi. (Photographer: T. Narayan/Bloomberg)

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 Research Report

In its Monetary Policy Committee review, the Reserve Bank of India remained accommodative and maintained its stance of prioritising durable growth on a sustained basis.

It retained its real gross domestic product projection of 9.5% for FY22 and marginally raised the projection for Q2 FY22 and Q3 FY22.

The growth outlook is supported by buoyant rural demand, improved exports and crowding-in of private investments.

Backed by contained food prices, the inflation outlook is eased by 40 basis points at 5.3% for FY22.

By increasing the quantum of its 14-day variable reverse repo rate auctions from Rs 4 trillion on October 08, 2021 to Rs 6 trillion on December 03, 2021, the RBI continues its process of gradual absorption of liquidity from the financial system.

Click on the attachment to read the full report:

Systematix RBI Monetary Policy Review.pdf
Read Document

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.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Still Not convinced ?  Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES