The MPC voted unanimously to leave the policy repo rate unchanged at 4%.

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Dec 04, 2020

India Monetary Policy - A dovish RBI maintains focus on growth for now

RBI in its Dec-20 Monetary Policy Review maintained status quo on rates and reiterated its commitment to maintain the accommodative stance into FY22, which was along expected lines. It also revised yet again its projections on growth and inflation. Given the fluid economic situation, what is expected of RBI in the coming quarters given the growth-inflation-liquidity mix?