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Perspective on RBI MPC Announcement By Mr. Raghvendra Nath, Ladderup Wealth Management Private Limited
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Below is Perspective on RBI MPC Announcement By Mr. Raghvendra Nath, Managing Director - Ladderup Wealth Management Private Limited
“Lower growth forecast, raising inflation forecast and a spike in commodity prices due to the on-going geopolitical unrest, does not come as a surprise. In order to maintain current growth environment, RBI has continued with an accommodative stance. However, with a caveat, that it might withdraw its accommodative stance to ensure inflation remains within the target level. If RBI follows the path of Western Central banks and raises rates, then the existing capex plans in pipeline might be impacted.”
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