New Delhi, April 8 -- Economists and industry leaders on Wednesday largely backed the Reserve Bank of India's decision to keep the repo rate unchanged at 5.25 per cent, saying the central bank's cautious approach is appropriate amid global uncertainties and rising energy prices.
Experts said the move reflects a balancing act between controlling inflation and sustaining economic growth.
Dipti Deshpande, Principal Economist at Crisil Ltd, said the RBI's decision to maintain the policy repo rate was "along expected lines," noting that uncertainties arising from the West Asia conflict require policy prudence.
She added that the impact of the conflict on growth and inflation remains uncertain, and policymakers need to "stay nimble to act as...
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