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    <title>Unedited Transcript of Reserve Bank of India&#039;s Post Policy Conference Call with Media</title>
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    <description>Monetary policy will be data driven, responsive to evolving growth and inflation dynamics, with current settings- including restoration of the 100 basis point repo-MSF corridor-deemed consistent with projections. The Bank will monitor both CPI and WPI, with a committee reviewing target postures, and will calibrate liquidity operations (enhanced LAF repo, export refinance, MSF) and tapering of special windows based on exchange market and broader liquidity conditions. New bank licensing will undergo prima facie screening and higher level committee review, and differential licensing proposals remain directional pending stakeholder consultation.</description>
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