monetary policy
RBI Keeps Key Lending Rates Unchanged
The Reserve Bank of India (RBI) last Friday kept the key repo rate unchanged at 4% considering rising inflation and weak signs of economic growth amid the gradual lifting of a nationwide lockdown imposed due to the COVID-19 pandemic. The newly-formed Monetary Policy Committee (MPC) of the central bank began its three-day meeting on 7 […]
JLL: Reaction to the RBI Monetary Policy – Cautious But Positive!
The monetary policy announced today indicates that the RBI is of keeping a close eye on inflation rather than facilitating growth just as yet. This makes sense. Globally, emerging markets (including India) continue to remain vulnerable from decisions by US Federal government on withdrawal of stimulus, as well as geopolitical tension in the Middle East […]
