The Reserve Bank of India on Friday kept interest rates on hold while assuring to maintain support for reflating the economy by ensuring ample liquidity to manage the government's near-record borrowing. The six-member Monetary Policy Committee voted to continue with the accommodative stance as long as it is necessary to revive growth and mitigate the impact of COVID-19 on the economy while ensuring that inflation remains within the target. Tune in as as views are shared on the macro takeaways from the RBI policy statement.
(With inputs from agencies)