RBI MPC Expected to Hold Rates Steady Due to Economic Growth

The RBI Monetary Policy Committee (MPC) is expected to maintain its current interest rates during its August 8 announcement. Aditi Nayar, chief economist at ICRA, cites solid economic growth and stable inflation near 5% as reasons for this decision. Market experts believe the RBI may shift to a neutral stance from its previous hawkish approach, signaling a policy shift towards easing. This change could positively impact equities, with recommendations to increase investments in bonds and gold for better performance opportunities ahead. RBI Governor Shaktikanta Das will announce the decision at 10 a.m. on August 8.



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