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RBI policy review: Reverse repo rate raised to 6%, repo rate unchanged

RBI policy review will take place at 2:30 pm

BS Web Team  |  New Delhi 

RBI, RBI monetary policy
Reserve Bank of India

The Reserve Bank of India has kept the unchanged at 6.25 per cent. However, the has been raised to 6 per cent. has remained unchanged at 4 per cent.

Marginal Standing Facility Rate cut by 25 basis points. Now it stands at 6.5 per cent. GVA growth is projected to be 7.4 per cent in 2017-18 as compared to 6.7 per cent in 2016-17. 



D K Srivastava, chief advisor, Ernst And Young says, "This is along expected lines. has not been changed because there is an upward risk to inflation that is being anticipated, while growth appears to be turning positive in RBI's view. They are basically focused on inflation. The main thing is that neutral stance is being maintained."

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RBI policy review: Reverse repo rate raised to 6%, repo rate unchanged

RBI policy review will take place at 2:30 pm

RBI policy review will take place at 2:30 pm The Reserve Bank of India has kept the unchanged at 6.25 per cent. However, the has been raised to 6 per cent. has remained unchanged at 4 per cent.

Marginal Standing Facility Rate cut by 25 basis points. Now it stands at 6.5 per cent. GVA growth is projected to be 7.4 per cent in 2017-18 as compared to 6.7 per cent in 2016-17. 

D K Srivastava, chief advisor, Ernst And Young says, "This is along expected lines. has not been changed because there is an upward risk to inflation that is being anticipated, while growth appears to be turning positive in RBI's view. They are basically focused on inflation. The main thing is that neutral stance is being maintained."
image
Business Standard
177 22

RBI policy review: Reverse repo rate raised to 6%, repo rate unchanged

RBI policy review will take place at 2:30 pm

The Reserve Bank of India has kept the unchanged at 6.25 per cent. However, the has been raised to 6 per cent. has remained unchanged at 4 per cent.

Marginal Standing Facility Rate cut by 25 basis points. Now it stands at 6.5 per cent. GVA growth is projected to be 7.4 per cent in 2017-18 as compared to 6.7 per cent in 2016-17. 

D K Srivastava, chief advisor, Ernst And Young says, "This is along expected lines. has not been changed because there is an upward risk to inflation that is being anticipated, while growth appears to be turning positive in RBI's view. They are basically focused on inflation. The main thing is that neutral stance is being maintained."

image
Business Standard
177 22