Monetary policy 2010-11: In 2 minutes

Last Updated : Jan 20 2013 | 1:43 AM IST

Repo rate raised 25 basis points to 6.5 per cent
Reserve repo rate increased 25 basis points to 5.5 per cent
Cash reserve ratio left unchanged at six per cent
Statutory liquidity ratio left unchanged at 24 per cent
March-end inflation projection raised to seven per cent compared to the 5.5 per cent anticipated earlier
Gross domestic product (GDP) growth projection for 2010-11 retained at 8.5 per cent, but with an upside bias
Money supply growth retained at 17 per cent for 2010-11
Non-food credit growth retained at 20 per cent for 2010-11
Additional liquidity support to banks under the liquidity adjustment facility (LAF) extended till April 8 from January 28
Second LAF to be conducted till April 8