Minutes Of The First MPC Meet Under New RBI Governor

Описание: The minutes of the last monetary policy meeting has been released. This was the first meeting under new RBI governor Sanjay Malhotra. At the meeting, governor made it clear that high growth momentum must be preserved while maintaining price stability. He said that food inflation outlook is "turning decisively positive" while voting to cut the repo rate by 25 basis points. However, the governor also warned about rising global uncertanities and justified the need to maintain the stance as neutral.

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