RBI’s monetary policy: navigating for growth in choppy waters

[ad_1] The Reserve Bank of India had a challenging task in determining the course of interest rates and policy stance amidst extreme currency volatility, uncertainty in financial markets, and headwinds to growth.Ā  However, RBI’s monetary policy committee has unambiguously addressed these challenges by announcing a rate cut and shifting the stance from ā€˜neutral’ to ā€˜accommodative’,…

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