TMI BlogHighlights of RBI monetary policy reviewX X X X Extracts X X X X X X X X Extracts X X X X ..... Highlights of RBI monetary policy review - News and Press Release Dated:- 6-8-2021 - News - Mumbai, Aug 6 (PTI) Following are the highlights of announcements made by RBI Governor Shaktikanta Das after the third bi-monthly monetary policy review by MPC on Friday: Monetary Policy Committee keeps key interest rate (repo) unchanged at 4 pc for 7th consecutive time; Consequently, reverse rep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o rate too remains unchanged at 3.35 pc; Bank rate also remains same at 4.25 pc; RBI to continue its accommodative stance to sustain growth amid COVID; Retail inflation (CPI) projection at 5.7 pc during 2021-22; may drop to 5.1 pc in Q1 of next fiscal; RBI retains GDP growth projection for 2021-22 at 9.5 pc; RBI says some high-frequency indicators looking up again during June-July; ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... RBI proposes to conduct two more auctions of ₹ 25,000 crore each in August under G-SAP 2.0; Repo rate cut by 250 bps since February 2019, reduced bank lending rate by 217 bps; RBI says domestic borrowing costs have eased; Transmission to lending rates has been stronger for MSMEs, housing and large industries; Significant cut in interest rates on personal housing loans and loan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s to commercial real estate sector augurs well for the economy; RBI announces additional measures on liquidity front; After onset of COVID pandemic, RBI says it announced over 100 measures to mitigate its impact; Next meeting of the MPC scheduled for October 6 to 8. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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