Contact Us | Log In
Sensex: Gold: Rs.29770.00
Nifty: 10894.7 +77.70 Silver: Rs.38984.00
RBI: MPC keeps neutral policy stance -
RBI: MPC keeps neutral policy stance
Kotak Securities | Published: 05 Oct, 2017  | Source :

MPC in its fourth bi-monthly meeting of FY18, decided to keep the policy repo  rate unchanged at 6.00%, consequently the reverse repo rate remains at 5.75%,  MSF and Bank rate at 6.25%. Monetary policy stance remains neutral in  consonance with the objective of achieving the medium-term target for CPI  inflation of 4% +/- 2%, while supporting growth.

We had opined in our 3rd August note that RBI is expected to remain on hold in  the near term. As expected, RBI has increased its inflation expectation from 3.5-4.5% to 4.2-4.6% in H2FY18, raising the lower end by 70 bps. On plus side,  headline CPI is expected at 4.5% in Mar-19, down 10 bps from 4.6% in Mar-18.

  Read full report Click here to read the full report

About Kotak Securities


Kotak Securities is one of India’s largest share broking firm offering demat account, online trading, mutual fund and IPO investing service’s along with a research division specializing in Sectoral Research and Company Specific Equity Research. Express your views on their Facebook Page and Twitter Handle (@KotakSecurities) or you can also visit for more information.


For more information please write in to

Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.