RBI Policy highlights

RBI Policy highlights

Jaya Maheshwari
07 Feb 2019 01:07 PM
  • RBI cuts Repo rate by 25 basis points to 6.25%
  • Policy stance changed to neutral
  • CPI is seen at 2.8 percent in January-March and 3.2-3.4 percent in April-September, 2019.
  • MPC's decision to change the policy stance to 'neutral' was unanimously; though rate cut was 4-2 with Viral Acharya and Chetan Ghate against the rate cut.
  • The CPI is seen at 3.9 percent In October -December 2019.
  • RBI projects FY20 GDP growth at 7.4 percent.
  • The reverse repo rate under the LAF stands adjusted to 6.0 percent, and the marginal standing facility (MSF) rate and the Bank Rate to 6.5 percent
  • Import growth turned negative in December 2018
  • Headline inflation is expected to remain contained below or at its target of 4 percent


Date : Feb-2019