RBI policy: CPI-based inflation to GDP growth, key numbers at a glance

The Reserve Bank on Thursday expectedly left interest rates unchanged amid uncertain inflation outlook but left the door open for more easing in future even as it took steps to spur credit growth in an economy facing its worst slowdown in more than a decade. Here are the key numbers:

• CPI projection revised upwards to 5.4-5.0% for H1FY21 from 4-3.8% in December policy

• GDP growth forecast for H1FY21 reduced to 5.5-6% from 5.9-6.3% in the earlier policy

• Revises liquidity management framework; keeps weighted average call rate as operating target

• Long-term repo operations to be conducted fortnightly to improve