The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is likely to announce its next policy on October 1. This policy is important because for the first time the RBI is likely to give a gross domestic product (GDP) forecast for this year.
More importantly, the market is very unsure of RBI’s view on inflation and how much it must stick to the mandate. The market is also worried if RBI now has second thoughts on flooding the market with liquidity. Also, the market is worried about the central and state government borrowings.
To discuss what ought to be on the MPCs mind, CNBC-TV18’s Latha Venkatesh caught up with Pronab Sen, Former Chief Statistician; Samiran Chakraborty, Chief Economist at Citi; Sonal Varma of Nomura; Sajjid Chinoy of JPMorgan; and Soumya Kanti Ghosh of SBI.Watch the video for more