RBI Policy Expectation Quote by Umesh Mohanan, Indel Money
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Below Quote on the RBI Policy Expection quote from Mr. Umesh Mohanan , indel money
"The RBI takes into account CPI data to assess the domestic inflation dynamics and CPI inflation is on the higher side and is showing a tendency to move out of the comfort zone of the RBI. Therefore, the central bank is likely to continue with the repo rate unchanged and continue with its current stance of 'withdrawal of accommodation.’ Overall, MPC is expected to adopt a hawkish stance."
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