INSUBCONTINENT EXCLUSIVE:
RBI Monetary Policy 2021: Central bank kept interest rates steady to maintain status quoThe Reserve Bank of India (RBI), in its bi-monthly
40,000 crore will be conducted on June 17
central bank does not expect the market to respond appropriately to the announcement of G-SAP 2.0
G-SAP 2.0 operations will be announced separately
The Reserve Bank planned a G-SAP of Rs 1 lakh crore for the first quarter of the current fiscal.In its first bi-monthly monetary policy
1.2 lakh crores will ensure adequate liquidity in the system
Upward revision of inflation rate will raise bond yields marginally in the short run,'' said Dr
Rajeev Singh, Director General, Indian Chamber of Commerce (ICC).Shaktikanta Das said in his statement that during the current year so far,
May 6, to facilitate the easy evolution of the yield curve
of other tools such as OMOs and Operation Twist, these announcements are a clear message to the market participants that RBI would like to
provide necessary support and facilitate a slightly downward bias on the bond yields,'' he added.
