RBI Policy and Key Takeaways .  RBI Maintains status quo and keeps rates at 6.5%, RBI MPC continuing with pauses.  RBI surprised everyone with unexpected mention of OMO sales for liquidity management. It signifies RBI‘s hawkish. Intent.  MPC remained focused on the withdrawal of accommodation.  With the 250 bps rate hike slowly but surely working. Its way through the system. The RBI maintains the pause amidst resilient domestic economy and validating caution. KEY TAKEAWAYS  Therefore important takeaway is that a rate cut shouldn’t be assumed on the anvil anytime soon.  As interest rates will remain higher for longer stay away from adding new loans.  Stay away from mid-cap and small cap stocks and trading in equity as equity and Bond market will remain volatile for next 12 to 10 Months.  Good opportunity to park your money in liquid funds (6%) low duration funds (7%) or short term Bond (8% to 9%).  Stay with mutual funds (asset allocation) particularly through SIP, volatile market will give good opportunity to invest for long term. . . Santosh G Akerkar