https://www.taxtmi.com/news?id=26747 The MPC kept the policy repo rate and related standing facility rates unchanged while emphasising a stance of gradual withdrawal of accommodation to align CPI inflation with the medium term target of 4 percent within a +/- 2 percent band, balancing that objective with support for growth. The decision reflects resilient domestic demand, food-driven near-term inflationary pressures, and external risks; the MPC signalled readiness to respond to persistent inflationary shocks and will monitor developments closely. en-us Thu, 10 Aug 2023 17:37:58 +0530 Thu, 10 Aug 2023 17:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26747 The MPC kept the policy repo rate and related standing facility rates unchanged while emphasising a stance of gradual withdrawal of accommodation to align CPI inflation with the medium term target of 4 percent within a +/- 2 percent band, balancing that objective with support for growth. The decision reflects resilient domestic demand, food-driven near-term inflationary pressures, and external risks; the MPC signalled readiness to respond to persistent inflationary shocks and will monitor developments closely. News - Thu, 10 Aug 2023 17:37:58 +0530 https://www.taxtmi.com/news?id=26747