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Quote on RBI Monetary Policy by Mr Ashish Khandelia, Certus Capital
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Below is quote on Monetary Policy by Mr Ashish Khandelia, Founder, Certus Capital.
"Current juncture presents a tough balancing act, with rising inflation and slowing growth. Given the lower growth forecast and inflation driven by commodity and oil prices rather than economic over-heating, it is good that the RBI has taken a pro-growth stance by keeping policy rates unchanged. At the moment, businesses need all the support they can get to to ensure that a fledgling private capex cycle does not get disrupted."
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