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This Article is From Oct 09, 2020

SBI Research: Monetary Policy Review - Cometh The Time, Cometh The RBI

SBI Research: Monetary Policy Review - Cometh The Time, Cometh The RBI
RBI Governor Shaktikanta Das gestures during a news conference in Mumbai. (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.

SBI Research Report

As widely expected, the Reserve Bank of India's Monetary Policy Committee unanimously decided to keep policy repo rate unchanged at 4% with accommodative stance (as long as necessary).

The policy was overwhelmingly positive with a host of regulatory and development policies that is in sync with a coordinated approach of the Government and RBI to revive the economy.

These measures emphasise the RBI fixation of ensuring financial market stability against a tail event of unprecedented nature.

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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