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.
SBI Research Report
As expected, RBI's Monetary Policy Committee unanimously decided to keep policy repo rate unchanged at 4% (9th straight time) and decided to continue with the accommodative stance (with 5-1 vote) as long as necessary.
As far as projections go, RBI has retained its projection of real GDP growth for FY22 at 9.5% consisting of 6.6% in Q3 (earlier: 6.8%) and 6.0% in Q4 (earlier: 6.1%) as well as CPI inflation forecast at 5.3% for FY22 with 5.1% in Q3 (earlier: 4.5%); and 5.7% (earlier: 5.8%) in Q4 FY22. CPI inflation for Q1 & Q2 FY23 is projected at 5.0%.
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