Tag: Indian Central Bank

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Indian Central Bank May Signal Stimulus Pullback: Decision Guide

The Central Bank of India is ready to leave its key interest rate unchanged for eight consecutive meetings to support economic growth while you probably indicate preparing to relax some stimuli era of the pandemic to address concerns inflation 30 economists surveyed by Bloomberg from Wednesday expect the Monetary Policy Committee of six members leave the repo rate to 4% on Friday. However, the big takeaways from the Reserve Bank of India is likely to be a move to balance the enormous liquidity that stands in the banking system, including possibly trim a program of buying government bonds Governor Shaktikanta DAS is scheduled to announce the decision of the MPC through a webcast at 10 a.m. in Mumbai on Friday. Here's what's seen in his speech: Way standardization With indicators pointing fo...