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2025-04-09 04:50:43 pm | Source: Waterfield Advisors
Quote on RBI MPC meeting by Vipul Bhowar, Senior Director - Listed Investments, Waterfield Advisors
Quote on RBI MPC meeting by Vipul Bhowar, Senior Director - Listed Investments, Waterfield Advisors

Below the Quote on RBI MPC meeting by Vipul Bhowar, Senior Director - Listed Investments, Waterfield Advisors

 

"(RBI) The Monetary Policy Committee (MPC) announced a 25 bps reduction in the repo rate, bringing it to 6%. It also changed its policy stance from "neutral" to "accommodative."

The inflation outlook has improved decisively. As projected, there is now greater confidence in the durable alignment of headline inflation with the target of 4% over a 12-month horizon, though the impact of Trump's "reciprocal" tariffs continues to loom large.

Given the challenges of slower growth in the Indian economy, the central bank was anticipated to persist in modifying its policies to promote stability."

 

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