https://www.taxtmi.com/news?id=11436 The Reserve Bank kept key policy rates and the cash reserve ratio unchanged while maintaining the MSF markup, adopting a stance to address external shocks, support growth, guard against inflation, and manage liquidity to ensure credit flow. Liquidity tightening measures were used to stabilise the foreign exchange market and will be calibrated back as stability returns. Growth was revised down amid weak industrial activity; inflation will be guided toward the Bank's stated level by the target date using all instruments. Principal risks include external financial volatility, a large current account deficit, weak investment conditions, and supply constraints. en-us Tue, 30 Jul 2013 13:10:07 +0530 Tue, 30 Jul 2013 13:10:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11436 The Reserve Bank kept key policy rates and the cash reserve ratio unchanged while maintaining the MSF markup, adopting a stance to address external shocks, support growth, guard against inflation, and manage liquidity to ensure credit flow. Liquidity tightening measures were used to stabilise the foreign exchange market and will be calibrated back as stability returns. Growth was revised down amid weak industrial activity; inflation will be guided toward the Bank's stated level by the target date using all instruments. Principal risks include external financial volatility, a large current account deficit, weak investment conditions, and supply constraints. News - Tue, 30 Jul 2013 13:10:07 +0530 https://www.taxtmi.com/news?id=11436