Minutes of the Monetary Policy Committee Meeting, April 6 to 8, 2022 [Under Section 45ZL of the Reserve Bank of India Act, 1934] https://www.taxtmi.com/news?id=25347 The MPC resolved to keep the policy repo rate unchanged and to remain accommodative while focusing on withdrawal of accommodation to ensure inflation remains within the target while supporting growth. The SDF will serve as the floor of the LAF corridor and corridor normalisation toward its pre-pandemic width will proceed as part of a migration to a symmetrical liquidity management framework. The decision was unanimous and reflects elevated global commodity-driven inflationary pressures, supply-chain disruptions and downside risks to growth, prompting a gradual multi-year withdrawal of surplus liquidity. en-us Fri, 22 Apr 2022 18:25:56 +0530 Fri, 22 Apr 2022 18:37:00 +0530 TaxTMI RSS Generator Minutes of the Monetary Policy Committee Meeting, April 6 to 8, 2022 [Under Section 45ZL of the Reserve Bank of India Act, 1934] https://www.taxtmi.com/news?id=25347 The MPC resolved to keep the policy repo rate unchanged and to remain accommodative while focusing on withdrawal of accommodation to ensure inflation remains within the target while supporting growth. The SDF will serve as the floor of the LAF corridor and corridor normalisation toward its pre-pandemic width will proceed as part of a migration to a symmetrical liquidity management framework. The decision was unanimous and reflects elevated global commodity-driven inflationary pressures, supply-chain disruptions and downside risks to growth, prompting a gradual multi-year withdrawal of surplus liquidity. News - Fri, 22 Apr 2022 18:25:56 +0530 https://www.taxtmi.com/news?id=25347