With the 25bp repo rate cut to 6.5%, RBI finally relented to the growing demand from the government that saw the central bank's intransigence responsible for causing India's growth drag.
NDTV Profit'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 NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Systematix Research Report
With the 25bp rate cut, Reserve Bank of India finally relented to the growing demand from quarters that saw the earlier 6.5% policy rate as “very stressful”. It also relays the newfound perception that easing regulatory tightness will resuscitate growth.
In our view, banking on counter-cyclical accommodation to address structural growth impediments will likely be ineffectual.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit 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 NDTV Profit.
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.
