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Quote from Economist on RBI Monetary policy By Deepthi Mathew, Geojit Financial
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Below are Views On Quote from Economist on RBI Monetary policy By Deepthi Mathew, Economist at Geojit Financial Services
"It was in the expected line as the MPC kept the rates unchanged. Though the governor assured of maintaining the accommodative stance as long as the economy recovers, he also cautioned about the factors that could push up prices. One of the highlights in today’s statement was the announcement of G-sec acquisition program 1.0, which the bond market needed the most. It could help in the cool off in bond yields and support the government’s market borrowing program"
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