IGI Logo

Below the Quote on RBI Monetary Policy by Mr. Sanjay Doshi - Head of Research and Investments - Abakkus Mutual Fund

The MPC (Monetary Policy Committee) unanimously decided to keep repo rate unchanged and maintained its Neutral stance. MPC noted that near term domestic growth and inflation outlook remains positive and they have upped GDP growth estimates for 1Q/2Q FY27. While external headwinds remain, as per RBI Governor, successful completion of trade deals would support growth momentum sustaining for a relatively longer period of time. The Reserve bank also highlighted that it would remain proactive in liquidity management to support productive need of the economy. The Governor also announced certain measures to deepen financial markets, enhance flow of credit and support ease of doing business for NBFCs. Thus overall the policy appears to be largely in line with current market conditions  

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