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Bloomberg Quint

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RBI Monetary Policy Review: Shift To Accomodative Stance In Times Of Uncertainty, Says Dolat Capital

  • RBI Monetary Policy Review: Shift To Accomodative Stance In Times Of Uncertainty, Says Dolat Capital
  • MPC unanimously decided for a 25-bps rate cut – repo rate adjusted to 6% and stance changed to accommodative from neutral.
  • As Governor stated, the stance of policy signals the intended direction of policy rates going forward.
  • We expect cumulative 100 bps of rate cuts (out of which 50 bps is already done) in the ongoing easing cycle.

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