With the reserve bank of india set to release the results of its bi-monthly monetary policy meeting today, investors and the general public alike are looking forward to it.

As the last bi-monthly monetary policy of 2021, china has cut its interest rates, it is expected that there will be a reduction in interest rates in India, but the reality is that the chances are slim.

Monetary Policy Meeting
Reducing the repo rate today or raising the reverse repo rate today would make a big difference.

Corona
If interest rates are not raised today meeting, then RBI will not declare any change at the 9-biennial meeting.

Inflation
Although the reserve bank of india is expected to raise interest rates to curb rising inflation in India, the Reserve Bank's target of 2-6 per cent inflation remains today.

Economic growth
With the indian economy growing at 8.4 per cent in the July-September quarter, the Omicron virus is a major obstacle to the country's growth trajectory. This raises the question of whether the RBI's economic growth target of 9.5 per cent is likely to slide.

Prediction
Currently, the market prediction is that there will be no change in the repo rate. The RBI is likely to increase the reverse repo rate but the RBI's resolution has attracted more recognition as the Omicron virus is a major problem.

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