https://www.taxtmi.com/news?id=12141 The Reserve Bank left the policy repo rate and cash reserve ratio unchanged while underscoring a data-dependent, conditional policy stance to address persistent headline inflation driven chiefly by food and housing components. Liquidity management measures-term repos, swap facilities and targeted refinance lines including support for small industry finance-were used to ensure credit flow. The Bank noted improving external resilience from swap inflows and narrower trade deficits but warned that if food-price moderation and other disinflationary signals do not materially reduce headline inflation or inflation excluding food and fuel, it will act, including on off-policy dates, to stabilise inflation expectations. en-us Wed, 18 Dec 2013 11:34:46 +0530 Wed, 18 Dec 2013 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12141 The Reserve Bank left the policy repo rate and cash reserve ratio unchanged while underscoring a data-dependent, conditional policy stance to address persistent headline inflation driven chiefly by food and housing components. Liquidity management measures-term repos, swap facilities and targeted refinance lines including support for small industry finance-were used to ensure credit flow. The Bank noted improving external resilience from swap inflows and narrower trade deficits but warned that if food-price moderation and other disinflationary signals do not materially reduce headline inflation or inflation excluding food and fuel, it will act, including on off-policy dates, to stabilise inflation expectations. News - Wed, 18 Dec 2013 11:34:46 +0530 https://www.taxtmi.com/news?id=12141