EP1002 – RBI Strikes Optimistic Note On Growth | India Development Debate
05 FEBRUARY 2021 | ET NOW | 19 MIN 05 SEC
RBI rounds off a week to remember in style. Governor Shaktikanta Das says that stance will be accommodative as the central bank maintains status quo on rates. Repo rate retained at their record low of 4% and the reverse repo rate at 3.35%. The MPC is projecting the FY22 GDP growth at 10.5%. Growth and liquidity injection remain top priorities.
Meanwhile, the RBI Governor said inflation was expected to remain within the RBI’s targeted range over the next few quarters. Watch the full debate on RBI’s optimism about growth and whether inflation can play spoilsport with Tamanna Inamdar, Kaushik Das, Director & Chief Economist – India, Deutsche Bank Research and Upasna Bhardwaj, Senior Economist, Kotak Mahindra Bank.