RBI Policy: MPC leaves repo rate unchanged at 4.00%

RBI Policy: MPC leaves repo rate unchanged at 4.00%

RBI Das starts policy announcement

RBI Policy: Successfully navigated through turbulent waters

RBI Policy: Ensured actions are nimble

RBI Policy:Responded with unconventional steps to negate COVID impact

RBI Policy: Global econ has seen tectonic shifts

RBI Policy: Approach needs to be cautious but proactive

RBI Policy: FX reserves are at very comfortable levels

RBI Policy: FX reserves at very comfortable levels

RBI Policy: Extreme volatility characterises commodity, financial mkts

RBI Policy: MPC leaves repo rate unchanged at 4.00%

RBI Policy: MPC retains accommodative stance

RBI Das: Reassured by large buffers built over last few yrs

RBI Policy: RBI stands resolute to defend Indian econ

RBI Policy: Seeing significant improvement in external sector

RBI Policy: RBI stands resolute to defend Indian economy

RBI Policy: SDF introduced, to be floor of policy corridor

RBI Policy: Reverse repo rate hiked by 40 bps

RBI Policy: To restore LAF corridor to pre-COVID level of 50 bps

RBI Policy: Ebbing Omicron wave offset by geopolitical tension

RBI Policy: Supply disruptions rattled commodity markets

RBI:To stay accommodative while focussing on accommodation withdrawal

RBI Policy: Global food, metal prices hardened significantly

RBI Policy: Reverse repo rate hiked by 40 bps to 3.75%

Highlights of RBI Governor Das' address post MPC meet

KEY TAKEAWAYS

* MPC leaves repo rate unchanged at 4.00%

* MPC retains accommodative stance

* Reverse repo rate hiked by 40 bps

* SDF introduced, to be floor of policy corridor

* To restore LAF corridor to pre-COVID level of 50 bps

* To stay accommodative while focussing on accommodation withdrawal

* Global food, metal prices hardened significantly

* Ebbing Omicron wave offset by geopolitical tension

* Supply disruptions rattled commodity markets

* Risk aversion towards emerging mkt economies has increased

* Resurgence in COVID cases in some nations a risk to global econ

GROWTH

* RBI stands resolute to defend Indian economy

* Ensured actions are nimble

* Global economy has seen tectonic shifts

* Successfully navigated through turbulent waters

* Responded with unconventional steps to negate COVID impact

* Approach needs to be cautious but proactive

* Approach needs to be cautious but proactive

* Conflict in Europe has potential to derail global economy

* FX reserves are at very comfortable levels

* Our approach needs to be cautious but proactive

* Reassured by large buffers built over last few years

* Extreme volatility characterises commodity, financial markets

* FX reserves at very comfortable levels

* Seeing significant improvement in external sector

* RBI stands resolute to defend Indian economy

* Geopolitical issues exacerbated amid global econ recovery

INFLATION

* CPI seen higher, GDP lower in FY23 vs Feb projections

* Global supply chain disruption expected to linger

* Inflation projected to be higher, growth lower

* Global supply chain, input cost pressures may linger longer

* Saw geopolitical worry when world grappling with inflation

KEY TAKEAWAYS

* MPC leaves repo rate unchanged at 4.00%

* MPC retains accommodative stance

* Reverse repo rate hiked by 40 bps

* SDF introduced, to be floor of policy corridor

* To restore LAF corridor to pre-COVID level of 50 bps

* To stay accommodative while focussing on accommodation withdrawal

* Indian economy steadily reviving from pandemic impact

* Global food, metal prices hardened significantly

* Ebbing Omicron wave offset by geopolitical tension

* Supply disruptions rattled commodity markets

* Risk aversion towards emerging market economies has increased

* Resurgence in COVID cases in some nations a risk to global economy

* Global economy has seen tectonic shifts

* Successfully navigated through turbulent waters

* Responded with…