RBI is expected to maintain the status quo, Repo rate likely to remain unchanged

Annuj Goel, Managing Director, Goel Ganga Developments

Annuj Goel, Managing Director, Goel Ganga Developments

In the aftermath of the Coronavirus pandemic, the Reserve Bank of India (RBI) will announce the first bi-monthly monetary policy of 2021-22 fiscal on April 7. Industry experts are expecting that the RBI will keep the benchmark policy rates or Repo rates unchanged. The Monetary Policy Committee will wait for some more time before employing any drastic measure to augment the economic growth. Experts are of the view that the RBI will continue with the accommodative stance in the forthcoming months.

On February 5, 2021, the RBI, headed by Governor Shaktikant Das had kept the key interest rate (Repo) unchanged. The apex bank had sought inflationary concerns behind maintaining the status quo. The forthcoming policy recommendations will be announced after a three day meeting by the Monetary Policy Committee.

– Annuj Goel, MD, Goel Ganga Developments:

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