RBI's monetary policy pivot targets capital inflows to cushion deficit: Economists
Mumbai, June 5 -- In a move to shield the economy from global headwinds, the RBI's Monetary Policy Committee on June 5 kept the repo rate unchanged at 5.25% and retained its "neutral" stance.
Governor Sanjay Malhotra called it a strategic "hawkish pause" aimed at curbing inflation risks while ensuring long-term macroeconomic stability.
Economists on Friday termed the Reserve Bank of India's (RBI) latest monetary policy a balanced and well-calibrated approach to navigating a challenging global environment, as the central bank sought to address external vulnerabilities while keeping growth and inflation concerns in focus.
Economists like DK Joshi from Crisil and Abhishek Bisen from Kotak Mahindra AMC have largely praised the calibrated a...
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