https://www.taxtmi.com/news?id=26781 The Monetary Policy Committee resolved to keep the policy repo rate unchanged and to continue a stance focused on withdrawal of accommodation to ensure inflation progressively aligns with the medium term 4 per cent target while supporting growth. The decision was based on assessment of resilient domestic activity, transitory but sizeable food price shocks, risks from uneven monsoon and global developments, and the need for proactive liquidity management and readiness to act if supply shocks broaden and unanchor inflation expectations. en-us Fri, 25 Aug 2023 18:45:36 +0530 Sat, 26 Aug 2023 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26781 The Monetary Policy Committee resolved to keep the policy repo rate unchanged and to continue a stance focused on withdrawal of accommodation to ensure inflation progressively aligns with the medium term 4 per cent target while supporting growth. The decision was based on assessment of resilient domestic activity, transitory but sizeable food price shocks, risks from uneven monsoon and global developments, and the need for proactive liquidity management and readiness to act if supply shocks broaden and unanchor inflation expectations. News - Fri, 25 Aug 2023 18:45:36 +0530 https://www.taxtmi.com/news?id=26781