VIEWS on RBI Policy: Mr. Ravindra Sudhalkar, CEO, Reliance Home Finance

“The decision to keep the repo rate unchanged at 4% for the eight consecutive time was expected, given that we are not quite out of the woods yet. It is however encouraging that the RBI has been reassured to continue with its accommodative stance. While the RBI retains a gross GDP growth target at 9.5% in FY22, it is evident that the central bank is keeping a hawk eye on growth indicators on one hand and inflation trajectory on the other.”