Finance Minister Hopes RBI’s Announcement Today of Increase of 25 Basis Points in Policy REPO Rate would Help Us in Getting Back to a More Comfortable Inflation Situation ; would also Leave Scope for Growth to Pick-up in Second Half of the Year https://www.taxtmi.com/news?id=2251 The Reserve Bank raised the policy repo rate by 25 basis points as a monetary tightening measure to address persistent headline inflation driven by supply- and demand-side factors, while the Finance Minister stated the step is consistent with the monetary stance and should help moderate inflation while leaving scope for growth to recover in the second half of the year. en-us Fri, 16 Sep 2011 17:46:17 +0530 Fri, 16 Sep 2011 17:46:17 +0530 TaxTMI RSS Generator Finance Minister Hopes RBI’s Announcement Today of Increase of 25 Basis Points in Policy REPO Rate would Help Us in Getting Back to a More Comfortable Inflation Situation ; would also Leave Scope for Growth to Pick-up in Second Half of the Year https://www.taxtmi.com/news?id=2251 The Reserve Bank raised the policy repo rate by 25 basis points as a monetary tightening measure to address persistent headline inflation driven by supply- and demand-side factors, while the Finance Minister stated the step is consistent with the monetary stance and should help moderate inflation while leaving scope for growth to recover in the second half of the year. News - Fri, 16 Sep 2011 17:46:17 +0530 https://www.taxtmi.com/news?id=2251