Yak Rbi's 1St Monetary Policy Review 2018-19 Highlights

In it's first monetary policy meeting of the novel financial twelvemonth 2018-19, the Reserve Bank of Bharat (RBI) today kept the Repo Rate unchanged at 6%. This the fourth time when the RBI maintained condition quo on repo charge per unit of measurement at 6%, which is lowest inward over 7 years since Nov 2010. The contrary repo charge per unit of measurement remains at 5.75%, in addition to the marginal standing facility (MSF) charge per unit of measurement in addition to the Bank Rate at 6.25%. Here are the consummate highlights of RBI's Monetary Policy Report - Apr 2018.

RBI monetary policy Apr 2018 Highlights

• RBI decided to hold condition quo for the quaternary fourth dimension inward a row.
  
• Policy Repo Rate nether the liquidity adjustment facility (LAF) remained unchanged at 6.0%.
• Reverse Repo Rate nether the LAF remains at 5.75%
• Marginal Standing Facility (MSF) charge per unit of measurement also every bit the Bank Rate stands at 6.25%.
• The RBI remains theater on its neutral stance, from its before stand upwards of beingness accomodative.
• RBI revised the inflation projection to 4.7-5.1% inward the start one-half of the financial twelvemonth 2018-2019 in addition to 4.4% inward H2.
• Dr Chetan Ghate, Dr Pami Dua, Dr Ravindra H Dholakia, Dr Viral V. Acharya in addition to Dr Urjit R Patel voted inward favour of the monetary policy decision. Dr Michael Debabrata Patra voted for an increase inward the policy charge per unit of measurement of 25 solid pose down points.
• The minutes of the Monetary Policy Committee (MPC)’s coming together volition live on published past times Apr 19, 2018.
• The side past times side coming together of the Monetary Policy Committee (MPC) is scheduled on June v in addition to 6, 2018.

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