{"id":3512,"date":"2023-10-06T10:30:20","date_gmt":"2023-10-06T05:00:20","guid":{"rendered":"https:\/\/bankerstrust.in\/column\/?p=3512"},"modified":"2023-10-16T17:50:52","modified_gmt":"2023-10-16T12:20:52","slug":"status-quo","status":"publish","type":"post","link":"https:\/\/bankerstrust.in\/column\/status-quo\/","title":{"rendered":"Status Quo&#8230;"},"content":{"rendered":"<p id=\"ember36\" class=\"ember-view reader-content-blocks__paragraph\">The latest meeting of the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) leaves the policy repo rate unchanged at 6.2 per cent; there is no change in the stance of the policy too &#8212; withdrawal of accommodation.<\/p>\n<p id=\"ember37\" class=\"ember-view reader-content-blocks__paragraph\">Of course, the RBI will keep a hawk eye on inflation and be in absolute readiness to take actions &#8212; this is non-negotiable.<\/p>\n<p id=\"ember38\" class=\"ember-view reader-content-blocks__paragraph\">There is no change in the inflation estimate for the year.<\/p>\n<p id=\"ember39\" class=\"ember-view reader-content-blocks__paragraph\">The GDP growth estimate also remains the same (6.5 per cent) for FY24.<\/p>\n<p id=\"ember40\" class=\"ember-view reader-content-blocks__paragraph\">If required, the RBI will do OMO &#8212; sale government bonds to drain liquidity.<\/p>\n<p id=\"ember41\" class=\"ember-view reader-content-blocks__paragraph\">Overall, a per for the course policy<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest meeting of the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) leaves the policy repo rate unchanged at 6.2&#8230;<\/p>\n","protected":false},"author":1,"featured_media":3513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"acf":[],"_links":{"self":[{"href":"https:\/\/bankerstrust.in\/column\/wp-json\/wp\/v2\/posts\/3512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bankerstrust.in\/column\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bankerstrust.in\/column\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bankerstrust.in\/column\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bankerstrust.in\/column\/wp-json\/wp\/v2\/comments?post=3512"}],"version-history":[{"count":1,"href":"https:\/\/bankerstrust.in\/column\/wp-json\/wp\/v2\/posts\/3512\/revisions"}],"predecessor-version":[{"id":3514,"href":"https:\/\/bankerstrust.in\/column\/wp-json\/wp\/v2\/posts\/3512\/revisions\/3514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bankerstrust.in\/column\/wp-json\/wp\/v2\/media\/3513"}],"wp:attachment":[{"href":"https:\/\/bankerstrust.in\/column\/wp-json\/wp\/v2\/media?parent=3512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bankerstrust.in\/column\/wp-json\/wp\/v2\/categories?post=3512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bankerstrust.in\/column\/wp-json\/wp\/v2\/tags?post=3512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}