Reverse repo rates revision could be between policies: SBI Research

Instead the Reserve Bank may choose to raise the reverse repo rate in between policy meetings. A research report by the economists at the State Bank of India says that since the essential mandate of the MPC is to set policy rates to achieve an inflation target and not for liquidity management, RBI need not revise the reverse repo rates only during MPC meetings. "

from Banking/Finance-Industry-Economic Times https://ift.tt/3djXlNV