Views of Mr. George Alexander Muthoot, MD – Muthoot Finance Limited on Fourth Bi-monthly Monetary Policy
“Though the inflationary pressures had subsided in the near term, from a medium term objective, the inflationary risks are still on the upside, so keeping the rates unchanged is a more cautious decision by the RBI. The policy also enables to settle down with the after effects of demonetisation and GST which are very important parameters to keep a tap on.
Thus, the policy clearly focuses on managing inflation and reviving the economy.”
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