RBI seen holding rates in February MPC as global uncertainty persists, says SBI Research
The Reserve Bank of India is expected to keep interest rates unchanged at its February MPC meeting as global uncertainty, currency pressures and weak transmission of past easing argue for caution, says SBI Research. The note stated limited headroom is seen for further rate action, with the focus shifting to liquidity management and transmission tools.
The Reserve Bank of India is expected to keep interest rates unchanged at its February MPC meeting as global uncertainty, currency pressures and weak transmission of past easing argue for caution, says SBI Research. The note stated limited headroom is seen for further rate action, with the focus shifting to liquidity management and transmission tools.
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