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Press Statement on Fourth Bi-monthly Monetary Policy Statement, 2018-19 Resolution of the Monetary Policy Committee (MPC) Reserve Bank of India

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..... Press Statement on Fourth Bi-monthly Monetary Policy Statement, 2018-19 Resolution of the Monetary Policy Committee (MPC) Reserve Bank of India - News and Press Release Dated:- 5-10-2018 - News - Th .....

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..... e Monetary Policy Committee (MPC) in its fourth bi-monthly statement, issued on 05.10.2018, on the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, de .....

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..... cided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent. The GDP growth projection for 2018-19 is retained at 7.4 per cent as in the August resolu .....

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..... tion. The projections of inflation for 2018-19 and Q1:2019-20 have been revised downwards from the August resolution. The decision of the MPC is in consonance with the Government s assessment of in .....

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..... flation and growth going forward and for 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. The Gover .....

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..... nment welcomes the MPC s assessment and notes its decision to maintain the Policy Rate. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementi .....

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..... ndia.com - TMI - TaxTMI - TMITax .....

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