बाजार के लिए ऋणनीति (Credit Policy) में क्या है ख़ास ?
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The Reserve Bank of India kept the repo rate unchanged on 4 October 2017 at 6% in its latest credit and monetary policy review, as widely anticipated given the concerns on the rising headline inflation. The RBI’s 6% repo rate, last revised in August, is
The central bank kept the policy stance neutral with the objective of limiting the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of plus/minus 2%, while supporting growth.
Earlier in August, in its last credit and monetary policy review, RBI had cut repo rate by 25 basis points to 6% for the first time in this fiscal year given the then falling inflation. The RBI, in August, raised concerns over the farm loan waiver by seven states amounting to Rs 88,000 crore, which the central bank said, would push the inflation on a permanent basis by 0.2%.