https://www.taxtmi.com/news?id=3103 The Reserve Bank announced monetary easing by lowering the repo rate, recalibrating reverse repo and MSF rates, and raising the MSF borrowing limit for banks to bolster liquidity. The move responds to growth running below its post crisis trend and moderating headline and core inflation, but further easing is constrained by upside inflation risks-particularly from administered price revisions and fiscal slippage. The Bank set a three point stance to adjust rates for growth, guard against demand led inflation, and enhance liquidity, and outlined regulatory and developmental measures including financial inclusion, bank customer protections, NBFC exposure limits on gold lending, and timelines for Basel III and securitisation guidelines. en-us Tue, 17 Apr 2012 13:45:07 +0530 Tue, 17 Apr 2012 13:45:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3103 The Reserve Bank announced monetary easing by lowering the repo rate, recalibrating reverse repo and MSF rates, and raising the MSF borrowing limit for banks to bolster liquidity. The move responds to growth running below its post crisis trend and moderating headline and core inflation, but further easing is constrained by upside inflation risks-particularly from administered price revisions and fiscal slippage. The Bank set a three point stance to adjust rates for growth, guard against demand led inflation, and enhance liquidity, and outlined regulatory and developmental measures including financial inclusion, bank customer protections, NBFC exposure limits on gold lending, and timelines for Basel III and securitisation guidelines. News - Tue, 17 Apr 2012 13:45:07 +0530 https://www.taxtmi.com/news?id=3103