Q What is the context ?
A The Monetary Policy Committee of the RBI kept the benchmark policy rates unchanged, and retained the accommodative stance in its October review.
Q What are Factors playing part in monetary policy decisions ?
A
Q What are reasons behind economic recovery ?
A
Q What is Global monetary policy environment ?
A
Q What can be way forward ?
A The process of mopping up excess liquidity will slowly gain pace over the next few months, followed by a policy rate hike sometime around early 2022. By then, there should be enough clarity on the third wave and the stance of the Fed and the ECB.