Expectations From RBI's Monetary Policy: CARE Ratings
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.
CARE Ratings Research Report
The Reserve Bank of India’s Monetary Policy Committee will present its third bi-monthly monetary policy for 2021-22 on August 06, 2021.
This policy comes in the backdrop of the prevailing second wave of the pandemic and the measured easing of region-wise restrictions that have been in place for over four months in most areas, posing a setback to the hoped-for revival of the country’s economy.
The MPC will also have to reckon with the buildup in inflationary pressures, rising bonds yields, low bank credit-offtake, and mixed signals on the economic front.
We expect the RBI to continue with the accommodative monetary policy stance and retain the policy rate (repo rate) at a record low of 4%.
Click on the attachment to read the full report:
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.