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RBI Policy

10 Aug 2023

G-Sec yields poised to remain elevated - RBI monetary policy meeting analysis-Aug 23

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RBI's decision to hold repo rate showcases a cautious stance on inflation control while bolstering economic activity. Geopolitical factors, El Niño and surging vegetable prices necessitate vigilant monetary policy in the short run. Meanwhile, robust fundamentals like lower NPAs, higher corporate profitability, enhanced debt management, and strong forex reserves support lasting growth and financial stability.

author dp
C S S Nikhil Bhargav
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