Powered by: Motilal Oswal
6/06/2022 10:44:51 AM | Source: PR Agency
View on RBI Pre-Monetary Policy June 2022 By Shanti Ekambaram, Kotak Mahindra Bank
News By Tags | #607 #80 #3482 #6137 #126 #248
View on RBI Pre-Monetary Policy June 2022 By Shanti Ekambaram, Kotak Mahindra Bank

Below is View on RBI Pre-Monetary Policy June 2022 By Shanti Ekambaram, Group President- Consumer Banking, Kotak Mahindra

"The MPC has signalled a gradual withdrawal of accommodation in light of higher inflation. It is likely that the RBI's stance will be “Neutral” while it will stay committed to bringing back inflation closer to the targeted levels through all possible instruments. I expect a rate hike between 35-50 basis points in the June policy. Based on inflation data and external factors, including oil and commodity prices, expect a total of 100 to 150 bps increase in repo rate from the current 4.40%. However, it is important that fiscal and monetary policies move in tandem to bring inflation within targeted levels and provide support to economic growth.”

.

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here