RBI's decision to keep policy rates unchanged is well thought-out: BS Jury

Rajnish Kumar, Chairman, State Bank of India
 

The RBI’s decision to keep the policy rates unchanged is well thought-out and on expected lines. However, more significant than this decision was the downward revision in inflation projections and simultaneous upward revision in the growth numbers.

Rajnish Kumar

The economic growth is gaining momentum on the back of a revival in investment activity. Inflationary pressures, though tilted on the upside, are manageable. Even as the threat of a full scale trade war looms, global growth is getting broad-based, which