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10/08/2023 8:01:33 PM | Source: PR Agency
Reaction On RBI MPC announcement Appreciate, a fintech platform for savings and investments By Mr. Shlok Srivastav, Appreciate
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Quote On RBI MPC announcement Appreciate, a fintech platform for savings and investments By Mr. Shlok Srivastav, COO, Appreciate

“RBI’s studied stance on the unchanged repo rate and an ICRR hike has come as expected. While recent food inflation seems to be only temporary, it is imperative to control inflation with India’s festive season coming up. With an upward revision of CPI inflation from 5.1% to 5.4%, I don’t expect any rate cuts this FY.”

 

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