October 9, 2020
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33:39Now PlayingOn The Urban Debate with Tanvi Shukla, Today the Reserve Bank of India (RBI) after holding it's bi-annual monetary policy review came out and gave an exhaustive briefing on what was discussed and what's its view is on the series of issues.
The Reserve Bank of India’s (RBI) newly-appointed Monetary Policy Committee (MPC), on Friday, voted unanimously to keep key rates unchanged. Despite keeping status quo on rates, RBI delivered a lot more especially to soothe the nervous bond markets. Benchmark 10 year yield eased to five-week low and cooled off around 8bps to 5.93% intraday.
Prabir Jha People Advisory HR strategist and Founder & CEO Prabir Jha say that we will need to watch the second half of this fiscal to be able to see if this is something that will cut across sectors, scale, and companies that even have a global consumer base.
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