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This Article is From Oct 12, 2020

Dolat Capital: MPC Pauses, Prioritises Growth And Supports Impacted Segments   

Dolat Capital: MPC Pauses, Prioritises Growth And Supports Impacted Segments   
A sign for the Reserve Bank of India (RBI) sign is displayed inside central bank’s headquarters in Mumbai, India (Photographer Dhiraj Singh/Bloomberg)

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

Dolat Capital Report

The Monetary Policy Committee kept the repo rate unchanged at 4% and retained the ‘accommodative' stance in its October session citing that revival of the economy from the unprecedented Covid-19 crisis assumes the highest priority in guiding the monetary policy ahead.

The decision does not come as a surprise given the steep inflation trajectory.

The Reserve Bank of India has been very efficient and proactive in communicating a clear favor towards growth.

MPC expects inflation to ease gradually towards its target range over Q3 and Q4 as supply disruptions normalises in due course.

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 brokerage 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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