https://www.taxtmi.com/news?id=21070 The Monetary Policy Committee reduced the policy repo rate by 25 basis points to 6.25 per cent, adjusted the reverse repo to 6.0 per cent and maintained MSF/Bank Rate at 6.5 per cent, while shifting the monetary policy stance from calibrated tightening to neutral to pursue the medium term CPI inflation objective of 4 per cent (+/ 2 per cent) and support growth; the decision reflected domestic growth and disinflationary developments, revised inflation forecasts, liquidity operations via OMOs, and a 4-2 vote on the rate cut. en-us Thu, 07 Feb 2019 14:28:10 +0530 Wed, 11 Feb 2026 15:58:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21070 The Monetary Policy Committee reduced the policy repo rate by 25 basis points to 6.25 per cent, adjusted the reverse repo to 6.0 per cent and maintained MSF/Bank Rate at 6.5 per cent, while shifting the monetary policy stance from calibrated tightening to neutral to pursue the medium term CPI inflation objective of 4 per cent (+/ 2 per cent) and support growth; the decision reflected domestic growth and disinflationary developments, revised inflation forecasts, liquidity operations via OMOs, and a 4-2 vote on the rate cut. News - Thu, 07 Feb 2019 14:28:10 +0530 https://www.taxtmi.com/news?id=21070