ICICI Securities: RBI Maintains Status Quo On Rate, No Dividend Payout; Review NBFC Regulatory Framework
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.
ICICI Securities Report
The Reserve Bank of India’s Monetary Policy Committee has once again voted unanimously for status quo.
Also, it has indicated continuance of its accommodative stance as long as necessary (at least in FY20 as well as into FY21) to revive growth and contain inflation in the targeted range (though increased for H2 FY21).
MPC remains committed to ensure ample liquidity and credit flow into the system and support sectors identified as ‘stressed’.
In its regulatory policies, it has made clear its intent to review the regulatory framework for non-banking financial companies taking cognisance of their changing risk profile, increasing size and interconnectedness to the sector.
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 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.