Key Points
As expected, there were no surprises from the RBI today..
RBI Governor Shaktikanta Das reiterated the MPC's commitment on inflation fight saying the central bank remains resolute in its decision to fight inflation, particularly keeping in mind food prices...
At the April policy decision, the RBI kept the inflation projection at 4.5%, assuming a normal monsoon, which is same from its February projection both for growth and inflation...
"Global growth remains resilient; recent uptick in crude oil prices needs to be closely monitored," the governor said..
The success in the disinflation process so far should not distract us from vulnerability of the inflation trajectory to the frequent incidents of supply side shocks," the governor said.. Here's what he said on inflation..
