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Spreading disinflation over 2-3 years to reduce output loss, says RBI

Business Standard

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

RBI extended the on-tap targeted long term repo operations (TLTRO) scheme till December 31

Topics
RBI monetary policy | RBI repo rate | Reverse Repo Rate

Business Standard  |  New Delhi 


MPC DECISIONS The Committee unanimously decided to keep benchmark rates unchanged But, continuation with accommodative stance was decided by a 5:1 majority, with Jayanth R Varma dissenting Headline inflation has been projected at 5.7% for FY22, 5.9% in Q2FY22, 5.3% in Q3FY22, 5.4% in Q4FY22, and 5.1% in Q1FY23 GDP growth estimate in FY22 is at 9.5%, with Q1 growth at 21.4%, Q2 at 7.3%, Q3 at 6.3%, and Q4 at 6.1% REGULATORY DECISIONS RBI extended the on-tap targeted long term repo operations (TLTRO) scheme till December 31 Banks can now ...

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First Published: Sat, August 07 2021. 01:10 IST

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