Why RBI opted for a neutral stance in MPC meet? R Gandhi answers

Why RBI opted for a neutral stance in MPC meet? R Gandhi answers

“Only one surprise which has come out is that the inflation numbers for Q3 is likely to be higher than the earlier projected, that is something a little different, looks like because of that assessment only they did not go in for a rate cut despite the last two numbers having been below Reserve Bank’s … Read more

Monetary policy tightening by RBI is several quarters away: Former Dy Guv

Monetary policy tightening by RBI is several quarters away: Former Dy Guv

The Reserve Bank of India (RBI) is expected to continue with its current accommodative stance to maintain sufficient liquidity in the system and monetary policy tightening is several quarters away as the economic revival has not reached the pre-Covid level, the apex bank’s former deputy governor R Gandhi claimed. He said the low-interest rate regime … Read more