No surprise as RBI maintains ‘status quo’,” says Dr. Niranjan Hiranandani , National President , NAREDCO - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
Trending
Powered by Blogger.
Thursday, April 05, 2018

No surprise as RBI maintains ‘status quo’,” says Dr. Niranjan Hiranandani , National President , NAREDCO

No surprise as RBI maintains ‘status quo’,” says Dr. Niranjan Hiranandani , National President , NAREDCO


MUMBAI, 05 APRIL 2018: 

The Reserve Bank of India’s (RBI’s) six-member monetary policy committee (MPC), headed by Governor Urjit Patel, remained firm on its neutral stance, which has been changed from the earlier stance of ‘accommodative’. The decision of maintaining ‘status quo’ on rates is consistent with the neutral stance of monetary policy, given the objective of achieving medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of plus/ minus 2 per cent, while supporting growth. The decision of the MPC was on expected lines, no surprise as RBI maintains ‘status quo’, said Dr. Niranjan Hiranandani, National President , NAREDCO.
No surprise as RBI maintains ‘status quo’,” says Dr. Niranjan Hiranandani , National President , NAREDCO Reviewed by S. Chitra on April 05, 2018 Rating: 5 No surprise as RBI maintains ‘status quo’,” says Dr. Niranjan Hiranandani , National President , NAREDCO MUMBAI , 05 APRIL 2018:  ...

No comments:

Google+ Followers