8/06/2023 5:55:46 PM | Source: PR Agency
Monetary Policy - Quote By Suman Bannerjee, Hedonova
Below quote On Monetary Policy - Quote Suman Bannerjee, CIO, Hedonova
A lower repo rate provides banks cheaper credit when it is passed on to the customers which in turn stimulates the GDP but causes inflation to trend higher. I think it's a wise choice to leave the repo rate unchanged. The rupee is still weak against the dollar and inflation is above 4%. 2023 GDP will come in lower than 2022 but taming inflation more is the need of the hour.
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Portable Bluetooth Speakers: Which Delivers the Best...
Two World Cup cricketers get warm welcome on reachin...
Pearls and Chains: The Rise of Layered Statement Nec...
Sensex projected to touch 94,000 by 2026 end, worst ...
CII meet to connect international investors with Ind...
Detox Water: A Lifestyle of Refreshment and Renewal
FIIs stood as net sellers in equities as per Novembe...
Monthly Auto Sales - October 2025 by ARETE Securitie...
US-India trade negotiations may see breakthrough by ...
India set to exceed 6.8 pc GDP growth in FY26: CEA N...
