https://www.taxtmi.com/news?id=74773 Monetary policy tightening is advocated to counter persistent external shocks, elevated crude oil prices, and expanding inflationary pressures. The proposed response is based on the risk that sustained high oil prices may raise consumer-price inflation and entrench inflation before a complete cost pass-through occurs. Banking-system liquidity has increased through foreign currency deposit inflows, but anticipated strong credit demand is expected to absorb the surplus and normalise liquidity by the end of the financial year. en-us Fri, 11 Sep 2026 21:01:03 +0530 Fri, 11 Sep 2026 21:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74773 Monetary policy tightening is advocated to counter persistent external shocks, elevated crude oil prices, and expanding inflationary pressures. The proposed response is based on the risk that sustained high oil prices may raise consumer-price inflation and entrench inflation before a complete cost pass-through occurs. Banking-system liquidity has increased through foreign currency deposit inflows, but anticipated strong credit demand is expected to absorb the surplus and normalise liquidity by the end of the financial year. News - Fri, 11 Sep 2026 21:01:03 +0530 https://www.taxtmi.com/news?id=74773