RBI Monetary Policy - Aug 2020 - Upasna Bhardwaj, Senior Economist at Kotak Mahindra Bank

"MPCs caution on uncertainty on inflation trajectory suggests that chances of further easing will henceforth remain a function clearly of evolution of supply side shocks. We see next few readings still elevated near 6% and hence we do not see any rate easing in at least the October meeting. On a positive note the other regulatory and development measures announced today will go a long way in ensuring financial stability."

Source : Equity Bulls

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