Beyond rates: Five things to watch out for in RBI's monetary policy

The monetary policy committee's commentary on inflation, growth and bonds is of much interest to the market.

Most economists expect the monetary policy committee (MPC) of the Reserve Bank of India (RBI) to keep the repo rate unchanged for the seventh time straight and continue with an accommodative stance after a review meeting ending Friday. That being likely the market will want to know the central bank’s thinking about the economy in the coronavirus pandemic. Here are five things to know about RBI’s monetary policy.

Normalising policy

The RBI has continued with an ultra-loose monetary policy that keeps interest rates lower than average inflation while maintaining a huge amount of surplus liquidity. The market wants to know