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  • RBI projects CPI inflation for 2021-22 under 5%

    RBI projects CPI inflation for 2021-22 under 5%

    News | Apr 07, 2021, 01:32 PM IST

    Reserve Bank of India (RBI) on April 07 announced revised projection for CPI inflation of financial year 2021-22. "The projection for CPI inflation has been revised to 5% in Q4 of 2021, 5.2%, in Q1 of 2021-22, 5.2% also in Q2 of 2021-22, 4.4% in Q3, and 5.1% in Q4 with risks broadly balanced. On March 31, 2021, the government retained the inflation target at 4% with the lower and upper tolerance levels of 2% and 6%, respectively, for the next five years that is from April 2021 to March 2026. An inflation rate of 4% over the medium term has now been successfully entranced the economic landscape," said RBI Governor Shaktikanta Das.

  • RBI keeps repo rate, reverse repo rate unchanged

    RBI keeps repo rate, reverse repo rate unchanged

    News | Aug 06, 2020, 04:48 PM IST

    Reserve Bank of India (RBI) on August 06 announced that repo rate and reverse repo rate will remain unchanged.

  • For year 2020-21, GDP growth is estimated to be negative: RBI Governor

    For year 2020-21, GDP growth is estimated to be negative: RBI Governor

    News | Aug 06, 2020, 04:35 PM IST

    Reserve Bank of India (RBI) Governor Shaktikanta Das briefed mediapersons on Aug 06.