Third Quarter Review of Monetary Policy 2013-14

On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.75 per cent to 8.0 per cent; and keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per… Read More

Tags: Bank Rate, Central bank, Consumer Price Index - CPI (CPIS), December, Economic growth, Repurchase agreement, Reserve Bank, Urjit Patel Committee