https://www.taxtmi.com/news?id=11122 The Reserve Bank reduced the policy repo rate and recalibrated reverse repo, MSF and Bank Rate to support growth while guarding against inflation resurgence. The Bank set a threefold monetary policy stance to address growth risks, prevent re-emergence of inflation pressures affecting expectations, and actively manage liquidity to ensure credit flow. Guidance emphasises that monetary easing must be complemented by supply-side reforms, governance improvements and fiscal consolidation; limited space exists for further easing given upside inflation risks and external financing vulnerabilities. Complementary regulatory and financial inclusion initiatives were announced. en-us Fri, 03 May 2013 12:02:54 +0530 Fri, 03 May 2013 12:02:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11122 The Reserve Bank reduced the policy repo rate and recalibrated reverse repo, MSF and Bank Rate to support growth while guarding against inflation resurgence. The Bank set a threefold monetary policy stance to address growth risks, prevent re-emergence of inflation pressures affecting expectations, and actively manage liquidity to ensure credit flow. Guidance emphasises that monetary easing must be complemented by supply-side reforms, governance improvements and fiscal consolidation; limited space exists for further easing given upside inflation risks and external financing vulnerabilities. Complementary regulatory and financial inclusion initiatives were announced. News - Fri, 03 May 2013 12:02:54 +0530 https://www.taxtmi.com/news?id=11122