RBI holds rates again; normalisation may include measures tapering wrapped in RBI’s dovish rhetoric
The MPC acknowledged the persistence of high core inflation as ‘an area of policy concern’, but has, for now, downplayed concerns around it. (Image: REUTERS) By Churchil Bhatt We have a status quo RBI policy, yet again. The MPC in the latest monetary policy meeting kept all rates unchanged and pledged to maintain its accommodative …