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    <title>Sixth Bi-monthly Monetary Policy Statement, 2015-16 By Dr. Raghuram G. Rajan, Governor</title>
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    <description>The Reserve Bank kept the policy repo rate at 6.75 per cent, reverse repo at 5.75 per cent, MSF and Bank Rate at 7.75 per cent, and CRR at 4.0 per cent, while continuing liquidity provision through overnight and term repos (including auctions up to 0.75 per cent of NDTL), daily variable rate operations and open market purchases; inflation was projected to be around 5 per cent by end 2016 17 and GVA growth was maintained at 7.4 per cent for 2015 16 with a 7.6 per cent projection for 2016 17, subject to evolving risks.</description>
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    <pubDate>Tue, 02 Feb 2016 11:25:06 +0530</pubDate>
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      <description>The Reserve Bank kept the policy repo rate at 6.75 per cent, reverse repo at 5.75 per cent, MSF and Bank Rate at 7.75 per cent, and CRR at 4.0 per cent, while continuing liquidity provision through overnight and term repos (including auctions up to 0.75 per cent of NDTL), daily variable rate operations and open market purchases; inflation was projected to be around 5 per cent by end 2016 17 and GVA growth was maintained at 7.4 per cent for 2015 16 with a 7.6 per cent projection for 2016 17, subject to evolving risks.</description>
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