RBI Monetary Policy Highlights

RBI Monetary Policy Highlights

– Increase the policy repo rate under the liquidity adjustment facility (LAF) by 35 basis points to 6.25 per cent with immediate effect.

RBI Monetary Policy Highlights

the standing deposit facility (SDF) rate stands adjusted to 6.00 per cent and the marginal standing facility (MSF) rate and the Bank Rate to 6.50 per cent.

RBI Monetary Policy Highlights

– The MPC also decided to remain focused on withdrawal of accommodation to ensure that inflation remains within the target going forward, while supporting growth.

RBI Monetary Policy Highlights

The global economic outlook is skewed to the downside.

Global Economy

RBI Monetary Policy Highlights

On the domestic front, real gross domestic product (GDP) increased by 6.3 per cent year-on-year (y-o-y) in Q2:2022-23 after an increase of 13.5 per cent in Q1

Domestic Economy

RBI Monetary Policy Highlights

In Q3, economic activity is exhibiting resilience

Domestic Economy

RBI Monetary Policy Highlights

The overall liquidity remains in surplus, with average daily absorption under the liquidity adjustment facility (LAF) at ₹1.4 lakh crore during October-November as compared with ₹2.2 lakh crore in August-September.

Domestic Economy

RBI Monetary Policy Highlights

On growth, the agricultural outlook has brightened, with the prospects of a good rabi harvest.

Domestic Economy

RBI Monetary Policy Highlights

the real GDP growth for 2022-23 is projected at 6.8 per cent with Q3 at 4.4 per cent and Q4 at 4.2 per cent, with risks evenly balanced.

Domestic Economy