Moneycontrol's Sakshi Batra does a 3 Point Analysis to highlight the factors that will drive RBI MPCs policy rate decision
The Reserve Bank of India’s monetary policy committee (MPC) has begun its three-day meeting on August 4 and the outcome is expected to be announced on August 6.
The primary aim will be to keep the inflation rate under control and reviving economic growth. But will COVID-19 force the RBI MPC to cut rates to revive growth or will RBI stick to its target of maintaining the inflation rate.
Moneycontrol's Sakshi Batra does a 3 Point Analysis to find out what factors will weigh on RBI's decision and whether another round of rate cuts could be on the cards.First Published on Aug 4, 2020 07:04 pm