Quote on RBI MPC outcome by Vipul Bhowar, Senior Director - Listed Investments, Waterfield Advisors
Below the Quote on RBI MPC outcome by Vipul Bhowar, Senior Director - Listed Investments, Waterfield Advisors
"The RBI's proactive approach to managing liquidity aims to ensure adequate credit flow to productive sectors, which is expected to significantly boost consumption and stimulate economic growth. Currently, inflation is below the RBI's target of 4%, with the outlook revised downward to 3.7% for the year. This shift will help balance the need for inflation control with the necessity to support economic growth."
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