IGI Logo

Below is Perspective on RBI`s MPC announcement by Mr. Vikash Khandelwal, CEO, Eqaro Guarantees

“The central bank kept the key rates and policy stance unchanged for the 8th time in a row thus allaying concerns around a possible unwinding or availability of adequate liquidity. The overall recovery especially in the services and the technology-driven sectors coupled with inflation being well within RBI’s comfort levels helped the central bank stay with the current excess levels of system liquidity.  This should help boost economic growth, credit offtake and is a big sentiment booster for the bond market. The ombudsman for NBFCs will help strengthen the grievance redressal mechanism and lead to a speedy resolution.”

Above views are of the author and not of the website kindly read disclaimer