Month: August 2021

  • RBI maintains status quo as expected; ups inflation target

    Comments from Mr. Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life RBI’s Monetary Policy Committee (MPC) unanimously voted to keep the key policy rate (repo rate) unchanged at 4.0%, and the reverse repo rate unchanged at 3.35%, as widely expected. The MPC voted 5-1 in favour of maintaining an accommodative stance–to revive and sustain growth … Continue reading RBI maintains status quo as expected; ups inflation target

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