Why RBI opted for a neutral stance in MPC meet? R Gandhi answers

​Only one surprise which has come out is that the inflation numbers for Q3 is likely to be higher than the earlier projected, that is something a little different, looks like because of that assessment only they did not go in for a rate cut despite the last two numbers having been below Reserve Bank’s target level, they remained conscious that in the very short term, inflation is likely to be little up, that is it.

from Economic Times https://ift.tt/KMywhze