Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Dec 07, 2020

ICICI Securities: RBI Maintains Status Quo On Rate, No Dividend Payout;  Review NBFC Regulatory Framework

ICICI Securities: RBI Maintains Status Quo On Rate, No Dividend Payout;  Review NBFC Regulatory Framework
Pedestrians wearing protective masks walk near the Reserve Bank of India (RBI) headquarter building 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, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

The Reserve Bank of India's Monetary Policy Committee has once again voted unanimously for status quo.

Also, it has indicated continuance of its accommodative stance as long as necessary (at least in FY20 as well as into FY21) to revive growth and contain inflation in the targeted range (though increased for H2 FY21).

MPC remains committed to ensure ample liquidity and credit flow into the system and support sectors identified as ‘stressed'.

In its regulatory policies, it has made clear its intent to review the regulatory framework for non-banking financial companies taking cognisance of their changing risk profile, increasing size and interconnectedness to the sector.

Click on the attachment to read the full report:

ICICI Securities BFSI RBI Policy Action_Dec20.pdf
VIEW DOCUMENT

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.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

To continue reading this story
You must be an existing Premium User

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search