Perspective on RBI MPC Announcement By Mr. Raghvendra Nath, Ladderup Wealth Management Private Limited
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
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.”
Above views are of the author and not of the website kindly read disclaimer
Tag News
Monthly Debt Market Update, September 2023: CareEdge Ratings
