RBI MPC meeting outcome: Rates, stance, liquidity and forecasts—What RBI should do? HSBC Global Research decodes
The Reserve Bank of India's monetary policy committee (MPC) began its deliberations on Wednesday and the outcome of RBI Governor Shaktikanta Das led six-member Monetary Policy Committee (MPC) will be announced on Friday, September 30.
"India’s external finances could remain in deficit, though FX reserves remain high; and even though inflation and the fiscal deficit fall, it may be a while before they get back to target." Source: Reuters