RBI Monetary Policy - Continues To Be Growth-Centric While Trying To Rein In Liquidity Surplus: 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 presented its fourth bi-monthly monetary policy for 2021-22 today.
On expected lines, the RBI has retained the policy rate (repo rate) at a record low of 4% and has maintained the accommodative monetary policy stance.
This is the eight meeting (since May 2020) at which the central bank has maintained status quo in policy.
As in the last monetary policy review of August 06, 2021, the decision of maintaining status quo on interest rates was unanimous by all the six MPC members. However, the vote on continuing with the accommodative policy stance was 5:1.
An accommodative stance means that the repo rate will not be increased in the near future.
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.