RBI Monetary Policy By Mr. Nish Bhatt, Millwood Kane International
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Below are Views On RBI Monetary Policy By Mr. Nish Bhatt, Founder & CEO, Millwood Kane International
“The status quo on key rates and the Accommodative policy stance by the MPC was on expected lines, it has been so for almost a year now to support the economic recovery. RBI's intent to continue with easy monetary policy till growth picks up pace, GDP, and inflation trajectory despite COVID-related disruptions is a positive development. Though RBI’s view on inflation will have a bearing on the rupee performance in the near term.
The economic activity is normalizing in spite of a surge in new cases till now but the second wave of COVID19, its impact on economic activities, rising inflation, and bond yields may pose a risk to growth going forward.”
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