RBI Monetary Policy LIVE | Considering all factors such as coronavirus pandemic, PMI data, companies adapted to pandemic working and expectation of normal monsoon, real GDP is seen at 9.5 percent in FY21-22. CPI inflation is seen at 5.1 percent FY21-22.: RBI Governor Shaktikanta Das
RBI Monetary Policy LIVE | Core price pressures may remain elevated. Consumer inflation pass through may not be high due to tapered demand. The second wave has been highly transferable to rural and semi-urban areas. Impact on economic activity is expected to remain contained due to lower restrictions. Urban demand, in high frequency indicators, recorded sequential moderation in April-May 2021. Domestic monetary and financial condition remain accomodative for economic recovery. Rebound in global trade is taking place. Global demand condition is expected to improve with fiscal stimulus and higher vaccination: RBI Governor Shaktikanta Das
RBI Monetary Policy LIVE | The greater the difficulty, more glory in surmounting it. Real GDP contraction at 7.3 percent for FY21. Abhishek Kothari: Dent on urban demand and spread of COVID-19 in rural areas will impact GDP growth negatively. Inflation print for April at 4.3 percent has brought relief: RBI Governor Shaktikanta Das
RBI Monetary Policy LIVE | The RBI’s Monetary Policy Committe (MPC) has decided to continue with accomodative stance until necessary to mitigate impact of COVID-19. The Marginal Standing Facility (MSF) rate and bank rates remain unchanged at 4.25 percent. Reverse repo rate also remains unchanged: RBI Governor Shaktikanta Das
RBI Monetary Policy LIVE: MPC keeps status quo, continues accomodative stance: Governor Shaktikanta Das
RBI Monetary Policy LIVE: Stocks trade mixed ahead of MPC announcement
The realty index with the auto index added half a percent, while banks are under pressure.
RBI Monetary Policy LIVE: Industry Expectations – Real Estate
Niranjan Hiranandani, National President of NAREDCO: The central bank is likely to maintain an accommodative stance. The second wave of the COVID-19 pandemic has impacted the economy; there is a need to enhance liquidity in the system, especially for stressed industries. Due measures to ensure banks do not get any more non-performing assets (NPAs) need to be taken up, including moves related to the Insolvency and Bankruptcy Code (IBC).
RBI Monetary Policy LIVE: Expert Expectation
V Swaminathan, CEO at Andromeda and Apnapaisa: Inflation is a key concern ahead of the upcoming monetary policy review. With petrol prices touching Rs 100 per litre, the common man has been affected by this. I expect the RBI to announce more steps to give our COVID-19-battered economy some room for much-needed growth.
RBI Monetary Policy LIVE: Expert Expectation
Anand Nevatia, fund manager at Trust Mutual Fund: The policy outcomes are no longer just a statement of rate action but much more. While markets will be expecting reassurance on liquidity and awaiting the quantum of GSAP (government securities acquisition programme) for next quarter, one should not be surprised if Governor (Shaktikanta) Das announces yet another innovative tool. While the central bank will look to maintain adequate system liquidity, managing the increased supply of sovereign bonds will be a tightrope walk.
RBI Monetary Policy LIVE: Industry Expectations – Financials Services
Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services: RBI’s MPC meeting would be key moniterable, where the officials are expected to maintain their accommodative stance but the outlook on growth and inflation would be keenly eyed, given the impact of 2nd wave of COVID.
RBI Monetary Policy LIVE: With Volatile Growth And Inflation, RBI Has To Keep Re-inventing Monetary Policy
RBI Monetary Policy LIVE: With Volatile Growth And Inflation, RBI Has To Keep Re-inventing Monetary Policy” title=”RBI Monetary Policy LIVE: With Volatile Growth And Inflation, RBI Has To Keep Re-inventing Monetary Policy“>The RBI has to re-imagine monetary policy in the face of K-shaped growth where some sectors are hit harder than others due to no fault of theirs
RBI Monetary Policy LIVE: Industry Expectation – Banking
Padmaja Chunduru, Managing Director and CEO, Indian Bank: The MPC will be tracking inflation closely. Given that the economy is not yet opened up fully and the uncertainty around vaccination is still continuing, I think they will still retain the interest rate where it is.
