8/06/2023 2:38:04 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.
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