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Below the quote RBI's MPC policy by Mr. Ashwani Dhanawat, CIO- Shriram General Insurance

"The measures implemented by RBI's MPC in recent quarters have effectively balanced controlling headline inflation and promoting economic growth. Despite increased geopolitical uncertainties and volatile international demand-supply dynamics, the Indian economy has demonstrated resilience. This is reflected in our favourable economic indicators. To maintain this positive momentum, the MPC has made the prudent decision to keep policy rates unchanged for the third consecutive quarter, alongside retaining the 'Withdrawal of Accommodation' stance. Likewise, maintaining stability in other rates like the Standing Deposit Facility (SDF) rate, the Marginal Standing Facility (MSF) rate, and the Bank Rate will contribute to gradual alignment of inflation with targets, while also supporting growth. A revised inflation trajectory and ample liquidity should push monetary easing forward.” – Ashwani Dhanawat , Chief Investment Office , Shriram General Insurance Company.

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