The RBI offers its vaccine to the market, economy
Sometime in the future, the RBI will have to communicate a shift in stance to neutral
As Reserve Bank of India (RBI) governor Shaktikanta Das read out the monetary policy committee statement at 10am on 7 April, it was by appointment. And yes, the doctor did deliver the dose that the bond and equity markets were looking forward to. Let us take a look at the “doses" delivered.