https://www.taxtmi.com/news?id=17035 The Monetary Policy Committee held the policy repo rate at 6.25 per cent and retained an accommodative stance to meet the Q4 CPI inflation projection of 5 per cent, while noting downside risks to growth-revising 2016-17 GVA growth to 7.1 per cent-and implementing liquidity operations (variable rate reverse repos, incremental CRR on NDTL, MSS expansion and cash management bills) to manage large, transitory surpluses arising from the withdrawal of specified bank notes. en-us Wed, 07 Dec 2016 14:49:09 +0530 Wed, 11 Feb 2026 15:56:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17035 The Monetary Policy Committee held the policy repo rate at 6.25 per cent and retained an accommodative stance to meet the Q4 CPI inflation projection of 5 per cent, while noting downside risks to growth-revising 2016-17 GVA growth to 7.1 per cent-and implementing liquidity operations (variable rate reverse repos, incremental CRR on NDTL, MSS expansion and cash management bills) to manage large, transitory surpluses arising from the withdrawal of specified bank notes. News - Wed, 07 Dec 2016 14:49:09 +0530 https://www.taxtmi.com/news?id=17035