Prolonged pause on policy rates likely
Going by the latest monetary policy, the RBI continues to remain vigilant on inflation
The RBI’s April monetary policy was eagerly awaited by the markets for anticipated steps on liquidity management. In this context, the narrowing of the policy corridor was a welcome development as it achieves several objectives at one go.The practice of narrowing the corridor was recommended by Urjit Patel in a report published in 2014. This will help in finer alignment of the operating rate to th...
Read the rest of this article by Signing up for Portfolio.
It's completely free!
SIGN UP NOW
Investment alerts,End of day market reports, Market news analysis,External research reports and Technical calls
Daily update on Business and Market news via email
'Your Market Corner' Widget with personalized business and market news