It was a textbook policy; Guv mentioned risks but was also positive on growth and investment revival: Abheek Barua
“The stance has really become defined in terms of the availability and the price liquidity. If the overnight rates are above or at the repo rate for a sustained period of time, then you move from accommodative to neutral and then it is higher, then it is restrictive. So the notion of stance in this current dispensation has changed.”
