Monetary Policy Committee (MPC) voted unanimously to keep the policy repo rate at 4% & the stance remains accommodative. MSF rate and bank rate remain unchanged at 4.25%. Reverse repo rate also remains unchanged at 3.35%: RBI Governor Shaktikanta Das following MPC meeting
The projection for real GDP growth is retained at 9.5% in 2021-22, consisting of 6.6% in Q3, & 6% in Q4. Real GDP growth is projected at 17.2% for Q1 of 2022-23 and at 7.8% for Q2 of 2022-23: RBI Governor Shaktikanta Das
