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MPC to remain accommodative, sees limited rate cut window: Minutes

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RBI’s monetary policy committee ( MPC) which ultimately voted unanimously to keep key lending rates unchanged, minutes of the latest meeting released on Friday showed.

While the Monetary Policy Committee members agreed that monetary policy is perhaps entering a more complex zone given that growth is still fragile while persistent inflation is restricting monetary policy interventions from supporting the growth impulses.

Shaktikanta Das, Reserve Bank of India Governor and also the MPC chair, said that premature roll back of the monetary and liquidity policies would be detrimental to the nascent recovery possibly alluding to calls for liquidity mop up from certain quarters. “Even though economic recovery is multi-speed as more sectors are.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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