Home Business View on RBI’s Monetary Policy

View on RBI’s Monetary Policy

by News Monks

The growth projections has been retained and the CPI inflation projections has been moderated. As expected there is no change in policy rates. The gradual and calibrated unwinding of liquidity measures will support growth while keeping inflation under control.


Announcement of a framework of retail digital payment in offline mode across the country, increasing per transaction limit of IMPS from Rs 2 to Rs 5 lakh and geo-tagging of physical payment acceptance infrastructure, will support financial inclusion and is another step in a journey towards creating a digital financial infrastructure.


Bank lending to NBFCs for priority on-lending extended for 6-months upto March 31, 2022 will encourage flow of credit and support growth at the grassroots level.

You may also like

Leave a Comment

Introducing NewsMonks, your premier source for comprehensive and concise news coverage. Dive into the world of business news, alongside a diverse range of other current topics. Stay informed, stay ahead with NewsMonks. Your go-to destination for news that matters.


Contact : +91 6351857103 (WA Only)

Email: newsmonnks@gmail.com 


Live Traffic

Edtior's Picks

All Rights Reserved by NewsMonks @2023.,
Powered by MediaHives.com