Tag: Monetary policy statement

Highlights of RBI’s monetary policy statement

NEW DELHI: Following are the highlights of RBI Governor Shaktikanta Das’ statement and resolution of the Monetary Policy Committee (MPC): * Benchmark lending rate kept unchanged at 4 pc * Indian economy expected to contract 9.5 pc this fiscal with downside risks * Contraction 9.8 per cent projected in July-September; 5.6 pc in October-December and […]

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