RBI MPC: Hold your horses!!!
- Posted on October 10, 2024
- By Business News Today
- 5 Views
RBI MPC: Hold your horses!!!
The RBI indicated a shift to a neutral policy stance despite expectations of rate cuts. It emphasized domestic growth and inflation risks, citing weak real incomes and financial stability concerns in the BFSI sector. A potential rate cut needs slower retail lending and improved household savings.
