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RBI policy: Watch out for the sidelines

More than Tuesday's policy statement, the subsequent analysis could be the most important part of RBI Governor Raghuram Rajan's last policy review

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Rbi Policy Review

Anup Roy  |  Mumbai 

The Reserve Bank of India (RBI) is unlikely to tinker with the prevalent interest rate in its third bi-monthly monetary policy on Tuesday.

However, considering this will be Raghuram Rajan’s last monetary policy before he steps down next month, the event promises to attract eyeballs not only of analysts, but also the general public. The monetary policy document in itself may not contain much apart from the usual guidance about inflation and growth and global conditions, but there could be a few small paragraphs -- about monetary policy committee, goods and services tax, pay commission ...

First Published: Mon, August 08 2016. 12:02 IST
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