https://www.taxtmi.com/news?id=25834 The Monetary Policy Committee resolved to raise the policy repo rate, with corresponding adjustments to the standing deposit facility and the marginal standing facility and Bank Rate, and to remain focused on withdrawal of accommodation to keep inflation within the medium term CPI target band while supporting growth. The decision was based on elevated headline and core inflation, risks from imported inflation and oil price uncertainty, robust domestic growth indicators, surplus liquidity conditions, and presented near term projections for inflation and GDP. Voting splits and publication scheduling were recorded. en-us Fri, 30 Sep 2022 18:12:58 +0530 Fri, 30 Sep 2022 18:12:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25834 The Monetary Policy Committee resolved to raise the policy repo rate, with corresponding adjustments to the standing deposit facility and the marginal standing facility and Bank Rate, and to remain focused on withdrawal of accommodation to keep inflation within the medium term CPI target band while supporting growth. The decision was based on elevated headline and core inflation, risks from imported inflation and oil price uncertainty, robust domestic growth indicators, surplus liquidity conditions, and presented near term projections for inflation and GDP. Voting splits and publication scheduling were recorded. News - Fri, 30 Sep 2022 18:12:58 +0530 https://www.taxtmi.com/news?id=25834