KRChoksey: RBI Keeps Repo Rate, Reverse Repo Rate Unchanged
The Reserve Bank of India (RBI) regional headquarters stand in New Delhi, India. (Photographer: T. Narayan/Bloomberg)

KRChoksey: RBI Keeps Repo Rate, Reverse Repo Rate Unchanged

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.

KRChoksey Report

The Reserve Bank of India maintained status quo on the rate and stance unanimously. The repo rate remains at 4% and stance at accommodative.

The inflation and gross domestic product forecast has been revised upwards and inflation remains a concern and monitorable. However, reviving growth and employment is of utmost priority currently.

For the same, it has not proclaimed any specific measures to withdraw liquidity as the current focus is on credit availability and fulfil the government borrowing program at a reasonable price. It continues to manage forex liquidity.

Click on the attachment to read the full report:

KRChoksey Research_RBI Monteray Policy December 2020.pdf

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