MPC has delivered a `Neutral Policy with a positive undertone Says Mr. Niraj Kumar, Future Generali India Life Insurance Company
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Quotes on MPC Announcement By Mr. Niraj Kumar, Chief Investment Officer, Future Generali India Life Insurance Company Ltd.
“MPC has delivered a ‘Neutral Policy with a positive undertone ‘and has been more upbeat on growth by nudging the forecasts higher, while yet being cognizant and cautious on achieving their medium-term inflation target. The upgrade in GDP growth rate to 7%, while maintaining inflation forecast renders key optimism in the policy and provides the requisite comfort to markets. Overall, MPC has explicitly signalled that the overarching approach continues to be that of policy stability and would eliminate any suddenness and surprises by being nimble amidst the dynamic global and domestic landscape.”
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