RBI MPC Live Updates: India’s Real Interest Rate Is High, Analyst Highlights

There is scope for the RBI to keep the repo rate on hold, according to Lakshmi Iyer, CEO-Investment and Strategy at Kotak Alternate Asset Managers.

She said India currently has the highest real interest rates (rate net of inflation) amongst peers. “The RBI is the lone star illuminating the markets. It is going to be a wait and watch on what RBI does. The globe looking at India from a monetary stance perspective,” Iyer told NDTV Profit.

The analyst is not expecting any more liquidity measures since Cash Reserve Ratio cuts announced in the July meeting are yet to manifest.

RBI MPC Live Updates: Are Rate Cuts Coming?

Will the RBI cut the benchmark lending rate in its August review?

Listen to what NDTV Profit‘s Banking Editor, Vishwanath Nair, is hearing from experts. He will get us all the important highlights from today’s RBI announcement.

RBI Monetary Policy Live Updates: Decision Day

The Reserve Bank of India’s Monetary Policy Committee will announce its decision on the repo rate on Wednesday amid heightened trade tensions. A poll of economists by Bloomberg has projected that the rates would be held steady.

In its June policy meeting, the RBI delivered a 50 basis points, or 0.5%, reduction on the repo rate.

The repo rate decision will come out at 10:00 a.m. and Governor Sanjay Malhotra will address a media briefing at noon.

. Read more on Economy & Finance by NDTV Profit.