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Comments on RBI Monetary Policy Statement

Published in Banking & Finance Wednesday, 04 October 2017 17:20

Muhoot Finance MD George Alexander Muthoot’s comment on  the Fourth Bi-monthly Monetary Policy Statement, 2017-18 by RBI
"Though the inflationary pressures had subsided in the near term, from a medium term objective, the inflationary risks are still on the upside, so keeping the rates unchanged is a more cautious decision by the RBI. The policy also enables to settle down with the after effects of demonetisation and GST which are very important parameters to keep a tap on. Thus, the policy clearly focuses on managing inflation and reviving the economy.”

Last modified on Wednesday, 04 October 2017 17:26

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