RBI's Monetary Policy Stance Aims to Maintain an interest Rate Environment that Moderates Inflation and Anchors Inflationary Expectation

Last updated: 06 August 2011

The Reserve Bank of India (RBI) in its first quarter review of Monetary Policy 2011-12 on July 26, 2011 has raised the repo rate from 7.5 per cent to 8.0 per cent. The reverse repo rate under the liquidity adjustment facility, determined with a spread of 100 basis points below the repo rate aut

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