Monetary Policy Highlights

2nd Bi-monthly FY 2015-16 Monetary Policy Highlights

 

Reserve Bank announced the following policy measures:
Second Bi-monthly FY 2014-15 Monetary Policy Highlights:
 Repo rate reduced by 25 bps to 7.25%. Consequently, the reverse repo rate stands adjusted at 6.25% and the marginal standing facility (MSF) rate and the Bank Rate at 8.25%
 Cash reserve ratio (CRR) unchanged at 4.00% of NDTL
 Liquidity under 7-day and 14-day term repos remains unchanged. i.e.:- up to 0.75% of NDTL & liquidity under overnight repos maintained at 0.25% of bank-wise NDTL

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