RBI’s Monetary Policy Key Takeways: CARE Ratings
An Indian national flag flies at the Reserve Bank of India (RBI) building in Mumbai, India. (Photographer Kanishka Sonthalia/Bloomberg)

RBI’s Monetary Policy Key Takeways: CARE Ratings

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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 Monetary Policy Committee presented its first bi-monthly monetary policy for 2021-21 today.

In line with expectations, the Reserve Bank of India retained the key policy rates and pledged to continue with the accommodative policy stance till economic recovery is well secured.

Key takeaways -

Policy rate retained at 4%, which is the lowest level in over a decade.

The overall tone of the policy was supportive to the economy and markets alike.

Surplus liquidity conditions in the system to be maintained and sustained.

Fund availability for lending to productive sector.

Measures to control the volatility in government securities yields and thereby anchoring the cost of funds.

Click on the attachment to read the full report:

CARE Ratings RBIs Monetary Policy.pdf

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