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Understanding RBI's Monetary Policy | Repo Rate | Reverse Repo Rate | MSF | Base Rate | CRR | SLR
RBI Second Bimonthly Monetary Policy 2021-22
The Reserve Bank of India came out with its monetary policy on 4th June 2021 in which it kept the policy rates unchanged. It cut the FY22 GDP growth forecast by 1% point to 9.5%. The inflation forecast for the coming quarters has been cut by 20-30 basis points.
Key Words :
RBI's Monetary Policy
Repo Rate
Reverse Repo Rate
MSF
Base Rate
CRR
SLR
Cash Reserve Ratio
Statutary Liquidity Ratio
Marginal Standing Facility
#RBI #BimonthlyMonetaryPolicy #Economy
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