Reserve Bank of India Governor Shaktikanta Das clarified that there is no change in the central bank’s stance on monetary policy, in a press conference after the latest policy review. This clarification comes after earlier interpretations that the review signaled a potential easing of monetary policy. Governor Das emphasized that there is no signal to move towards a neutral stance and cautioned against assuming any such signal.
RBI policy tones hawkish and there’s nothing inadvertent about it
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