Monetary Policy: RBI lowers inflation projection to 5.2% for Q4 FY21

The Reserve Bank has lowered the retail inflation projection for the current quarter of this fiscal at 5.2%, saying it has returned within the 'tolerance band'. In its last monetary policy review of this fiscal, the RBI has decided to keep the key repo rate unchanged at 4 per cent with accommodative stance to ensure that inflation remains within the target, RBI Governor Shaktikanta Das said while unveiling the policy on Friday.