RBI's stance provides elbow room to check inflation, aid growth: Experts

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RBI's stance provides elbow room to check inflation, aid growth: Experts - Business Standard

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The real estate sector is poised to benefit from this steady stance, leading to an increase in sales and investments, thereby fostering economic growth," Bedi said.

Madan Sabnavis, Chief Economist, Bank of Baroda said the RBI has quite unambiguously stated that the focus would be on headline inflation and that one cannot ignore food inflation, especially if it is persistent."This indicates that while inflation will come down in Q2, it will rise in Q3, and one cannot take a rate cut for granted in future.

Parijat Agrawal, Head – Fixed Income at Union Mutual Fund said RBI's focus remains on bringing headline inflation on a durable basis to a 4 per cent target."Although core inflation is in disinflationary trend, volatile food inflation is a cause of worry.