Reserve Bank of India Governor Shaktikanta Das announces RBI Monetary Policy 2021

Reserve Bank of India Governor Shaktikanta Das has announced the Reserve Bank of India Monetary Policy 2021. Reserve Bank of India has kept the repo rate unchanged at 4%. ‘Accommodative stance maintained. Reserve rate unchanged at 3.35%. 'Jabs key to economy bounce back', stated the Reserve Bank of India Governor. Real GDP growth now projected at 9.5% in FY22. Earlier projection was 10.5%. RBI sees CPI inflation at 5.1% in FY22. RBI is said to undertake GSAP 2.0 in 2nd quarter of 2021-22 for Rs 1.20 lakh crores. RBI enhances exposure threshold under resolution framework 2.0. Check out the additional measures!

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