The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday, October 9, kept the repo rate unchanged at 6.5 per cent for the tenth consecutive meeting, with a majority vote of 51. The MPC, however, unanimously decided to change its stance to "neutral" from the earlier "withdrawal of accommodation".
What are the implications of RBI's dovish policy? Catch Latha Venkatesh in conversation with Mriddul Saggar, Former ED, RBI, Samiran Chakraborty of Citi Bank, B Prasanna of ICICI Bank and CS Shetty, Chairman, SBI.
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