Nuvama Fixed Income Advisory Report : Fixed Income Snippets II RBI MPC Feb Meeting Preview-Wait-and-Watch Approach

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RBI MPC Feb meeting preview-Wait-and-Watch approach After the India FY27 union Budget, the focus has now shifted on what will RBI Monetary Policy Committee (MPC) will do. The MPC is set to meet from Feb 4 and Feb 6 for its bi-monthly policy review. The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) may likely maintain a status quo at this week’s monetary policy outcome as the external uncertainties related to India-US trade deal will not provide major downside risks to the growth outlook; however, the new consumer price index (CPI) series would support the wait and watch approach

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