RBI Release – Macroeconomic and Monetary Developments in 2012-13
The Reserve Bank of India today released the Macroeconomic and Monetary Developments in 2012-13. The document serves as a backdrop to the Monetary Policy Statement 2013-14 to be announced on May 3, 2013. Highlights: Overall Outlook Macro-financial risks require cautious monetary policy stance ahead In view of macro-financial risks that stay significant, headline inflation remaining… Read More
Tags: CAD, Consumer Price Index, Current Account Deficit, Headline inflation, India, Inflation, Monetary policy, Reserve Bank, Reserve Bank of India
RBI releases Mid-Quarter Monetary Policy Review for March 2013
Monetary and Liquidity Measures Based on an assessment of the current macroeconomic situation, it has been decided to: ¢ reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.75 per cent to 7.5 per cent with immediate effect; Consequently, the reverse repo rate under the LAF stands adjusted… Read More
Tags: Bank Rate, Economic growth, February, GDP, India, Inflation, January, Reserve Bank
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