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RBI Monetary Policy Review - Suspended Animation: IDFC AMC

RBI Monetary Policy Review - Suspended Animation: IDFC AMC

<div class="paragraphs"><p>The Reserve Bank of India (RBI) logo is displayed on a wall inside the central bank’s regional headquarters in New Delhi, India,&nbsp; &nbsp;(Photographer: T. Narayan/Bloomberg)</p></div>
The Reserve Bank of India (RBI) logo is displayed on a wall inside the central bank’s regional headquarters in New Delhi, India,   (Photographer: T. Narayan/Bloomberg)

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.

IDFC AMC Research Report

The Reserve Bank of India / Monetary Policy Committee kept all rates unchanged while the stance was retained as accommodative as well with the same earlier 5:1 vote.

The decision was in line with majority expectations even as front end swap rates had been indicating expectation of some hike in reverse repo.

The commentary recognises that domestic recovery is gaining traction but recognises that since activity levels are just about catching up with pre-pandemic levels, 'it will have to be assiduously nurtured by conducive policy settings till it takes root and becomes self-sustaining'.

In particular, the MPC seems to be looking for a private investment recovery to lead the revival along with a strong impetus from exports.

Click on the attachment to read the full report:

IDFC AMC - Monetary Policy Review Suspended Animation-December 2021.pdf

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