RBI to remain accommodative, leave all rates unchanged in April policy: BofA Securities

RBI to remain accommodative, leave all rates unchanged in April policy: BofA Securities

Despite spiralling inflation, the Reserve Bank is likely to hold all key rates and retain the accommodative stance at the forthcoming policy review later this week, a Wall Street brokerage has said. Bank of America Securities India in a pre-policy note on Monday said it expects the RBI-MPC to stay on hold on all rates … Read more

Rising Covid cases to help in pushing accommodative policy

Rising Covid cases to help in pushing accommodative policy

Mumbai: Rising COVID-19 cases may come in handy for the Reserve Bank of India to reiterate its accommodative stance to push growth despite rising inflation and bond yields, when the central bank’s MPC meets to decide on rates next week. A prospect of a lockdown adds to the growth concerns even as there risks of … Read more