Monetary Policy Review - RBI Continues To Raise Rate Aggressively; Despite Easing Of Inflation: KRChoksey

Monetary Policy Review - RBI Continues To Raise Rate Aggressively; Despite Easing Of Inflation: KRChoksey

Reserve Bank of India logo. (Photo: Vijay Sartape/ BQ Prime)

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Research Report

Key highlights:

  • The Reserve Bank of India increased the policy repo rate under the liquidity adjustment facility by 50 basis points to 5.4% with immediate effect.

  • The standing deposit facility rate stands adjusted to 5.15% and the marginal standing facility rate and the bank rate to 5.65%.

  • The Monetary Policy Committee maintained its stance of being focused on withdrawing accommodation in order to keep inflation within target while boosting growth in the coming years.

  • These decisions are consistent with the objective of reaching the medium-term target for consumer price index inflation of 4% within a band of +/- 2%, while supporting growth.

Click on the attachment to read the full report:

KRChoksey Research RBI Monetary Policy Review - August 2022.pdf
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This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

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