Sujit Bangar

Key highlights of RBI’s monetary policy – 5th December 2019

    • Repo rate maintained at 5.15%.
    • The reverse repo rate under the LAF has been kept at 4.90 %.
    • The marginal standing facility (MSF) rate has been maintained at 5.40 %.
    • The Bank Rate is kept unchanged at 5.40 %.
    • Projected GDP growth rate revised to 5% from 6.1%.
    • CPI for second half of FY revised from 3.5-3.7% to 5.1-4.7%.
    • Indicated space for monetary policy action in future.
    • Accommodative stance of Monetary Policy to continue with twin focus of inflation control and reviving growth.