A majority of the six member monetary policy committee (MPC) voted to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent and also decided to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns to the target, while supporting growth in terms of their stance.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.