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RBI MPC highlights: Rates, stance unchanged, CRR to be restored, and more

Projection for CPI-based inflation revised to 5.2% for Q4 of FY21, for H1 of FY22 at 5% to 5.2%, and for Q3 of FY22 at 4.3%

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3 min read Last Updated : Feb 05 2021 | 11:12 AM IST

The Reserve Bank of India Monetary Policy Committee on Friday unanimously voted to keep the repo rate unchanged. RBI Governor Shaktikanta Das said that the central bank would continue its accommodative stance for as long as required.

Here are the highlights of the RBI Policy review:

MPC has unilaterally decided to keep the policy rate unchanged at 4%
Accommodative stance to continue for now
Reverse repo rate unchanged at 3.35%
MSF and bank rate unchanged at 4,25%
Stable near-term outlook on account of inflation being in control
Given that inflation has come within the tolerance band, MPC decided to prioritise growth
2020 tested our endurance, while 2021 is

Topics : Reserve Bank of India Bank Rate Reverse Repo Rate CPI-based Inflation WPI-based Inflation Cash Reserve Ratio RBI monetary policy monetary policy RBI Policy Shaktikanta Das repo rate

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