The Reserve Bank Policy meeting will take place tomorrow

The meeting of the Reserve Bank's Monetary Policy Committee will begin on December 6. In the meantime, the results of this meeting will be announced on December 9. In October, the Financial Institutions of India (RBI) released its earnings forecast unchanged. at a policy review meeting.

The Reserve Bank Policy meeting will take place tomorrow

New Delhi: Businesses and investors are watching the Reserve Bank's policy review meeting starting tomorrow. Investors watched the bank amid the decision amid fears of a new COVID-19 outbreak and a slowing economy. Market experts believe that the RBI will not be able to increase its current earnings to support the market.

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Possibility of adjusting key interest rates (Repo Rate, Reverse Repo Rate)

Market experts believe that given the current situation, the central bank will be able to control the bottom line (repo rate, rate of return). According to them, the meeting is now threatened by Omicron and the industry is still not fully affected by the effects of Covid-19. In such a situation, the central bank would not want to do anything that could affect public opinion. According to the Kotak Economic Research Report, the Reserve Bank of India (RBI) can wait until the situation calms down before the RBI increases interest rates. On the other hand, Anuj Puri, managing director of real estate adviser Enark, believes that the central bank's interest rates will remain unchanged. Low mortgage rates could persist for some time, he said. However, it is clear that the rate of pensions will rise further and that it will be difficult to maintain affordable loans in the long term. 

Reverse hiking rates are not as good

Investors, on the other hand, point to the potential for a price rally. However, the SBI has identified this potential. According to the SBI Research report, the central bank will not alone determine the monetary value in its revision policy. Meanwhile, research firm Kotak Economic also said that the decision on the take-back rate would not affect the next meeting. According to the report, a determination of the recovery rate is expected to be made in February. During this time, the bank can set the repo rate for 2022-2023.

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The policy review meeting begins Monday.

The meeting of the Central Bank's Monetary Policy Committee will begin on December 6. In the meantime, the results of this meeting will be announced on December 9. In October, the Financial Institutions of India (RBI) released its earnings forecast unchanged. at a policy review meeting. If the RBI cancels its debt from December, it will be the ninth policy review since the bank's abolition remains unchanged. The repo rate is 4%, its lowest level since April 2001, and the recovery rate is 3.35%. The pension fee is the amount at which the bank deposits more money in its savings account. The central bank pays interest on it. On the other hand, the repo rate refers to the amount that the bank borrows from the average bank.

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