Key highlights of RBI’s Statement on Development and Regulatory Policies

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The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has kept the repo rate unchanged at 4 per cent for the 10th consecutive time while maintaining an ‘accommodative stance’. The RBI also announced various other measures in a Statement on Development and Regulatory Policies. The RBI in its Statement sets out various developmental and regulatory policy measures such as a) Extension of Term Liquidity Facility of ₹50,000 crores to Emergency Health Services etc.The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has kept the repo rate unchanged at 4 per cent for the 10th consecutive time while maintaining an ‘accommodative stance’. The RBI also announced various other measures in a Statement on Development and Regulatory Policies. The RBI in its Statement sets out various developmental and regulatory policy measures such as a) Extension of Term Liquidity Facility of ₹50,000 crores to Emergency Health Services etc.taxmann.com NewsRead More

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