RBI likely to hold rates amid growth risks, says Crisil
after close1 source ↓written by the desknot a recommendation
The Reserve Bank of India's Monetary Policy Committee is expected to maintain current policy rates throughout the fiscal year. Crisil's report highlights that downside growth risks are now a greater concern than inflation. Producers are facing increased energy and input costs, while retail energy price increases are limited, helping to contain consumer inflation.
This cautious approach may influence market sentiment as the RBI continues to navigate economic challenges.
Not investment advice. For informational purposes only.