The Reserve Bank of India s Monetary Policy Committee (MPC), headed by Governor Shaktikanta Das, has started its three-day meeting. Experts predict that the MPC will maintain the current interest rates due to elevated inflation and global factors. Retail and corporate borrowers can expect stability in interest rates if there is no change. Despite expectations of a decrease in inflation in September and October, experts believe that a rate hike is unlikely.
RBI s rate-setting panel starts deliberations amid expectation of status quo orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
RBI s rate-setting panel starts deliberations amid expectation of status quo dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
On the liquidity announcement, economists said the central bank is likely to focus on maintaining adequate liquidity through its Liquidity Adjustment Facility (LAF) operations, and may not announce any tightening measures