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This Article is From Feb 06, 2021

RBI’s MPC Lays Down Regulatory Measures, While Keeping Rates Status Quo: Motilal Oswal

RBI MPC Announces A Set Of Regulatory Measures, While Keeping Policy Rates Unchanged: Motilal Oswal

 RBI’s MPC Lays Down Regulatory Measures, While Keeping  Rates Status Quo: Motilal Oswal
The Reserve Bank of India (RBI) logo is displayed outside the central bank in Mumbai, India. (Photographer: Kanishka Sonthali/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

The Monetary Policy Committee resolution has come on expected lines with policy rates unchanged.

The reverse repo, repo, and Marginal Standing Facility rates were kept unchanged at 3.35%, 4%, and 4.25%, respectively.

The decision on interest rates and to maintain its accommodative stance as long as necessary – at least during FY21 and into FY22 – was taken unanimously by all members of the MPC.

While 4Q FY21 inflation projection has been revised down to 5.2% now from 5.8% YoY (December 2020 policy). The same for H1 FY22 has been revised up to 5-5.2% now from 4.6-5.2% YoY.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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