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View on RBI Monetary Policy expectation By Mr. Aditya Damani, Credit Fair
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Below Quote on the RBI Monetary Policy Expectation By Mr. Aditya Damani, Founder & CEO of Credit Fair
As the retail inflation is above the RBI’s upper tolerance level of 6 percent, the scenario sets the context for another rate hike. Since controlling inflation is the priority of the RBI, a pause in the rake hike is unlikely. However, we expect the RBI to alter its stance from withdrawal of accommodation to neutral to boost the growth outlook of all the key sectors."
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