Resolution of the Monetary Policy Committee, Reserve Bank of India

Email This Page

*Denotes are mandatory fields.

Your Name : *
 
Your Email : *
 
Friend's Email : *
 
Friend's Name : *
 
Page URL : *
 
Message : *
 
Enter Captcha : *
 
 
Captcha

Try another one

 

Sending Mail Please Wait ...

Resolution of the Monetary Policy Committee, Reserve Bank of India   Oct 04, 2017

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting  today, the Monetary Policy Committee (MPC) decided to: 
 
• keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.0 per cent. 
 
Consequently, the reverse repo rate under the LAF remains at 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.25 per cent. 
 
The decision of the MPC is consistent with a neutral stance of monetary policy in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth. 
 
 
 
for detail please click below ;
 

NEWS

POLL
No Poll Created
Close

Name : *
Email : *
Comment : *

(Max characters allowed 522.)
File Upload :
 
Captcha

Try another one

Enter Captcha Code*