06-08-2023 02:38 PM | Source: Angel One Ltd
``RBI`s Monetary Policy Committee (MPC)`` by Mr. Aamar Deo Singh, Angel One Ltd
Below Quote on "RBI’s Monetary Policy Committee (MPC)" by Mr. Aamar Deo Singh, Head Advisory, Angel One Ltd.
RBI’s Monetary Policy Committee (MPC) unanimously decided to keep the policy rate unchanged at 6.50 percent, on the back of easing headline inflation. However, as per RBI, there is no room for complacency given that inflation still continues to be above the target rate of 4%. So an alert and at the same time, a cautious and calibrated approach is the need of the hour. Markets had already factored in this move, but overall, positive for the home loan and real estate sectors.
Above views are of the author and not of the website kindly read disclaimer
Latest News
Evening Roundup : A Daily Report on Bullion Energy &...
India inflation to rise further to 5.81% on rising f...
Rupee weakens to record low, logs worst week in five...
Reduce NCC Ltd For Target Rs. 310 By Centrum Broking...
India`s Welspun posts steep Q2 profit drop on low do...
Palm Oil Sees Strongest Weekly Gains Since June 2022...
Add Page Industries Ltd For Target Rs. 46,991 By Ce...
Reduce Schaeffler India Ltd For Target Rs. 3,866 By ...
FIIs stood as net sellers in equities as per Novembe...
Commodity Research Evening Track by Kotak Securities