#RBIPolicy | RBI’s Monetary policy Committee decides to maintain status quo, policy rate (Repo Rate) is unchanged at 6.50%
RBI GOV
# SURVEYS POINT TOWARDS HIGHER INVESTMENT INTENTIONS OF MANUFACTURING COS FOR FY24
# SAYS RURAL DEMAND ALSO ON REVIVAL PATH
# SAYS URBAN DEMAND REMAINS RESILIENT
# SAYS DOMESTIC DEMAND CONDITIONS REMAIN SUPPORTIVE OF GROWTH
# SAYS AVG LIQUIDITY IN SURPLUS MODE, COULD INCREASE
# SAYS REAL POLICY RATE CONTINUES TO BE POSITIVE
# SAYS MPC WILL CONTINUE TO REMAIN VIGILANT ON EVOLVING SITUATION, GROWTH OUTLOOK
# SAYS IMPACT OF MONSOON ON INFLATION OUTLOOK REMAINS UNCERTAIN
# SAYS HEADLINE INFLATION STILL ABOVE TARGET
# SAYS PACE OF MONETARY POLICY HAS SLOWED, UNCERTAINTY REMAINS ON FUTURE TRAJECTORY
# SAYS PACE OF GLOBAL ECONOMIC ACTIVITY TO DECELERATE IN 2023
# SAYS MPC TO REMAIN FOCUSED ON WITHDRAWAL OF ACCOMMODATION
RBI GOV
# SURVEYS POINT TOWARDS HIGHER INVESTMENT INTENTIONS OF MANUFACTURING COS FOR FY24
# SAYS RURAL DEMAND ALSO ON REVIVAL PATH
# SAYS URBAN DEMAND REMAINS RESILIENT
# SAYS DOMESTIC DEMAND CONDITIONS REMAIN SUPPORTIVE OF GROWTH
# SAYS AVG LIQUIDITY IN SURPLUS MODE, COULD INCREASE
# SAYS REAL POLICY RATE CONTINUES TO BE POSITIVE
# SAYS MPC WILL CONTINUE TO REMAIN VIGILANT ON EVOLVING SITUATION, GROWTH OUTLOOK
# SAYS IMPACT OF MONSOON ON INFLATION OUTLOOK REMAINS UNCERTAIN
# SAYS HEADLINE INFLATION STILL ABOVE TARGET
# SAYS PACE OF MONETARY POLICY HAS SLOWED, UNCERTAINTY REMAINS ON FUTURE TRAJECTORY
# SAYS PACE OF GLOBAL ECONOMIC ACTIVITY TO DECELERATE IN 2023
# SAYS MPC TO REMAIN FOCUSED ON WITHDRAWAL OF ACCOMMODATION
RBI MONETARY POLICY AT 10AM
25bps rate cut is being expected.
Rates are at 6.50% since 8 Feb 2023
This is probably the most important RBI meeting in last 2 years.
Rate cut can lead to new liquidity into markets and some positivity can be seen for coming months.
Future rate cut projections and commentary will be important for new trend to emerge.
Lets see what happens 🥶🤞🏻
#RBIPolicy
25bps rate cut is being expected.
Rates are at 6.50% since 8 Feb 2023
This is probably the most important RBI meeting in last 2 years.
Rate cut can lead to new liquidity into markets and some positivity can be seen for coming months.
Future rate cut projections and commentary will be important for new trend to emerge.
Lets see what happens 🥶🤞🏻
#RBIPolicy