Quote on RBI Monetary Policy by Mr. Rajeev Radhakrishnan, CIO - Fixed Income, SBI Mutual Fund
Below the Quote on RBI Monetary Policy by Mr. Rajeev Radhakrishnan, CIO - Fixed Income, SBI Mutual Fund
“A shift to accommodative stance, notwithstanding the earlier reference to global uncertainties has been the key takeaway. Effectively the key message is the unambiguous focus on domestic growth and the confidence that forward looking inflation is likely to be aligned closer to the policy target of 4%. Alongside the demonstrated commitment to address liquidity dynamics, the policy stance clearly opens up the likelihood of additional rate cuts in this cycle”.
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