HomeEconomy NewsRBI Policy Highlights: Key rates on hold; Shaktikanta Das promises continued support for economy, says core inflation a concern

RBI Policy Highlights: Key rates on hold; Shaktikanta Das promises continued support for economy, says core inflation a concern

RBI Monetary Policy Highlights | Governor Shaktikanta Das announced the Monetary Policy Committee's decision to hold the key interest rates at existing levels.  Currently, the repo rate stands unchanged at four percent, and the reverse repo rate at 3.35 percent. The MPC voted 5:1 to continue with its 'accommodative' stance. The RBI revised its consumer inflation forecasts. It now expects retail inflation at 5.1 percent in Q3, and 5.7 percent in Q4, but has maintained its FY22 projection at 5.3 percent. The RBI retained its real GDP growth forecast at 9.5 percent for FY22.

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By CNBCTV18.com December 8, 2021, 2:59:05 PM IST (Updated)

RBI Policy Highlights: Key rates on hold; Shaktikanta Das promises continued support for economy, says core inflation a concern
RBI Monetary Policy Highlights | Governor Shaktikanta Das announced the Monetary Policy Committee's decision to hold the key interest rates at existing levels.  Currently, the repo rate stands unchanged at four percent, and the

reverse repo rate at 3.35 percent. The MPC voted 5:1 to continue with its 'accommodative' stance. The RBI revised its
consumer inflation forecasts. It now expects retail inflation at 5.1 percent in Q3, and 5.7 percent in Q4, but has maintained its FY22 projection at 5.3 percent. The RBI retained its real GDP growth forecast at 9.5 percent for FY22.

Catch highlights of the December 8 RBI policy here: