View on Monetary Policy by Upasna Bhardwaj, Kotak Mahindra Bank
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below are View on Monetary Policy by Upasna Bhardwaj, Senior Economist at Kotak Mahindra Bank
“Expectedly the RBI maintained status quo, attempting to maintain a fine balance between the risks to GDP and inflation. However, we believe that the increasing risks to inflation especially as the economic activity is picking up pace has prompted the MPC into taking liquidity normalisation measures ahead of our expectations. We expect additional liquidity normalisation measures like overnight VRRR, increased quantum of higher tenure VRRR in the months ahead before expecting a reverse repo rate hike in December.”
Above views are of the author and not of the website kindly read disclaimer
Tag News
Monthly Debt Market Update, September 2023: CareEdge Ratings
