Perspective on RBI MPC Announcement by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International
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Below the Perspective on RBI MPC Announcement by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International
“For the seventh consecutive policy review, RBI has kept its key rates unchanged at 6.5%. There was no change in stance of ‘withdrawal of accommodation’, indicating that the RBI continues to remain focused on inflation and is aligning its commitment to ensure its descent to the target of 4 percent.
Though, the uncertainties around geopolitical risk, volatility around food prices and crude needs to be monitored as it continues to pose challenges and have an upside risks to inflation that may derail the path to disinflation”.
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