https://www.taxtmi.com/news?id=16243 The Reserve Bank maintains the policy repo rate and standing facility rates unchanged and holds the cash reserve ratio steady while committing to provide liquidity as required and progressively reduce the average ex ante liquidity deficit toward neutrality. This operational approach uses open market operations, variable rate repos and term instruments to anchor short-term rates to the policy rate amid tighter liquidity from currency demand and government cash balances. The Bank retains an accommodative monetary stance, citing upside inflation risks from food and commodity prices and noting supportive demand factors including public capital expenditure and a likely normal monsoon. en-us Tue, 07 Jun 2016 11:31:48 +0530 Tue, 07 Jun 2016 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16243 The Reserve Bank maintains the policy repo rate and standing facility rates unchanged and holds the cash reserve ratio steady while committing to provide liquidity as required and progressively reduce the average ex ante liquidity deficit toward neutrality. This operational approach uses open market operations, variable rate repos and term instruments to anchor short-term rates to the policy rate amid tighter liquidity from currency demand and government cash balances. The Bank retains an accommodative monetary stance, citing upside inflation risks from food and commodity prices and noting supportive demand factors including public capital expenditure and a likely normal monsoon. News - Tue, 07 Jun 2016 11:31:48 +0530 https://www.taxtmi.com/news?id=16243