Monday, 6 April 2015

First Bi-monthly Monetary Policy Statement, 2015-16

Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: • keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 7.5 per cent; • keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand and time liability (NDTL); and • continue to provide

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