Reaction On RBI Monetary Policy Committee By Saurav Ghosh, Co-Founder, Jiraaf
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Below the Reaction On RBI Monetary Policy Committee By Saurav Ghosh, Co-Founder, Jiraaf
RBI keeping key repo rate unchanged at 6.50% is in line with expectations given the core inflation has reduced and growth rate projections are in line with expectations. This is good for the broader industry at this time as it adds stability and predictability. For retail investors, this is a great time to invest in fixed income products and they can continue to enjoy and lock in high yields now across various products such as government bonds, corporate bonds, and fixed deposit (FD) instruments.
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