https://www.taxtmi.com/news?id=3937 Growth is slowing with a persistent negative output gap while inflationary risks, notably sticky non food manufactured and consumer price inflation, remain elevated, necessitating calibrated monetary policy. The Reserve Bank has deployed liquidity tools-reductions in CRR and SLR and open market operations-to balance inflation management with support for credit and growth. Credit expansion is subdued amid rising non performing assets in public sector banks. External pressures and fiscal slippage risks, including subsidy overruns, compound the outlook and underscore the need for timely reforms and resolution of infrastructure bottlenecks to revive investment. en-us Tue, 30 Oct 2012 18:29:46 +0530 Tue, 30 Oct 2012 18:29:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3937 Growth is slowing with a persistent negative output gap while inflationary risks, notably sticky non food manufactured and consumer price inflation, remain elevated, necessitating calibrated monetary policy. The Reserve Bank has deployed liquidity tools-reductions in CRR and SLR and open market operations-to balance inflation management with support for credit and growth. Credit expansion is subdued amid rising non performing assets in public sector banks. External pressures and fiscal slippage risks, including subsidy overruns, compound the outlook and underscore the need for timely reforms and resolution of infrastructure bottlenecks to revive investment. News - Tue, 30 Oct 2012 18:29:46 +0530 https://www.taxtmi.com/news?id=3937