RBI Maintains Status Quo: RBI at its policy meet held between December 2nd and 4th decided to leave key policy rates including repo and reverse repo unchanged at 4% and 3.35% respectively.
Future action to hinge on inflation:We believe that future course of policy action hinges on inflation trajectory.RBI looks to be waiting in wings to cut policy rates once the inflation starts easing. While theRBI was upbeat about the economic recovery despite a GDP