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MPC in 2 minutes: Here're the key development and regulatory steps

The six-member MPC kept interest rates on hold, but said it will keep its stance accommodative to support the government's huge borrowing programme

monetary policy committee | RBI monetary policy | MPC

Business Standard  |  New Delhi 

Key decisions The MPC unanimously decided to keep the repo rates unchanged at 4% and an accommodative stance Reverse repo rate under LAF unchanged at 3.35%, while the MSF and bank rate remained at 4.25% CPI inflation has been projected at 5.2% for 2020-21; 5.2% for H1FY22, and 4.3% for Q3FY22; the real GDP has been projected to grow at 10.5 per cent in FY22 Development & regulatory steps NBFCs can now access funds from banks under the on-tap TLTRO scheme for incremental lending to stressed sectors Decided to restore the CRR in ...

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First Published: Sat, February 06 2021. 01:06 IST