RBI Monetary Policy Highlights - Retained Accommodative Stance; Growth Outlook Maintained: KRChoksey
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KRChoksey Research 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.
RBI will remain vigilant against the possibility of third wave.
It kept its policies and strategies in order to handle the monetary resources required to handle growth.
It has retained the growth outlook and increased inflation forecast.
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