Repo Rate kept unchanged at 4%
MSF and Reverse repo rate unchanged
Accommodating stance emphasized
Supply chain disruption led to higher inflation outlook in near term
Higher taxes leading to higher energy inflation
2HFY21 inflation may ease
Demand scenario looks bleak.
Real GDP may contract in FY21
MPC feels space available for further reduction in rates
Wants to watch inflation stabilize
Additional liquidity facility of 10,000 cr via NABARD and NHB (5000 cr each)
Window for loan restructuring with conditions.
Restructuring of MSME debt scheme further modified
Loan against gold restricted for non farm loans
Incentive framework for addressing regional imbalance in Priority Sector Lending
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