https://www.taxtmi.com/news?id=17452 The Monetary Policy Committee kept the policy repo rate at 6.25 per cent and adopted a neutral stance to meet CPI inflation objectives while supporting growth. Headline inflation fell below expectations due mainly to vegetables and pulses, but core inflation remained sticky near 4.9 per cent. The MPC projected inflation of 4.0-5.0 per cent across 2017-18 with upside risks from crude prices, exchange rate volatility and pay commission effects, and forecast GVA growth recovering to about 7.4 per cent in 2017-18. The Committee emphasised liquidity management, improved transmission via NPA resolution and bank recapitalisation, and voted 6-0 in favour. en-us Wed, 08 Feb 2017 14:40:09 +0530 Wed, 11 Feb 2026 15:56:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17452 The Monetary Policy Committee kept the policy repo rate at 6.25 per cent and adopted a neutral stance to meet CPI inflation objectives while supporting growth. Headline inflation fell below expectations due mainly to vegetables and pulses, but core inflation remained sticky near 4.9 per cent. The MPC projected inflation of 4.0-5.0 per cent across 2017-18 with upside risks from crude prices, exchange rate volatility and pay commission effects, and forecast GVA growth recovering to about 7.4 per cent in 2017-18. The Committee emphasised liquidity management, improved transmission via NPA resolution and bank recapitalisation, and voted 6-0 in favour. News - Wed, 08 Feb 2017 14:40:09 +0530 https://www.taxtmi.com/news?id=17452