#RBIPolicy | @RBI’s Monetary Policy Committee decides to maintain ACCOMMODATIVE stance as long as necessary
#RBIPolicy | Reverse Repo Rate maintained at 3.35%, MSF rate at 4.25% & Bank Rate at 4.25%
#RBIPolicy | @RBI reduces FY22 GDP forecast to 9.5% from earlier estimate of 10.5%
#RBIPolicy | @RBI reduces Q1FY22 GDP forecast to 18.5% from earlier estimate of 26.2%
#RBIPolicy | @RBI sees Q1FY22 GDP growth at 18.5%, Q2 at 7.9%, Q3 at 7.2% & Q4 at 6.6%
#RBIPolicy | @RBI sees CPI inflation at 5.1% in FY22 with Q1 at 5.2%, Q2 at 5.4%, Q3 at 4.7% & Q4 at 5.3%
#RBIPolicy | Forecast of normal monsoon and resilience of agriculture and farm economy will provide tailwinds to growth revival: @RBI Governor @DasShaktikanta
#RBIPolicy | On-tap liquidity window for contact-intensive sectors (Hotels, Restaurants, Tour Operators, Aviation Ancillary Services, Car Services, Parlours And Salons) of Rs 15,000 cr at repo rate
#RBIPolicy | Special liquidity facility of Rs 16,000 cr for MSMEs via SIDBI For 1-year at repo rate
#RBIPolicy | RRBs allowed to issue CDs with an option to buy back CDs. NAC has emerged as important DBT vehicle, it will be made available for all days of the week from August 1
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#RBIPolicy | Indian economy & financial sector stand out as strong & resilient, and domestic macro-economic fundamentals are strengthening. Rural demand is on a revival path: @DasShaktikanta
#RBIPolicy | See easing of inflation observed across all headline inflation categories, forecast of normal monsoon augurs well for Kharif crop: RBI Governor @DasShaktikanta says
#RBIPolicy | Goal is to reach the targeted 4% inflation going forward, our monetary policy actions are yielding desired results giving us space to keep rates unchanged in this meeting: RBI Governor @DasShaktikanta says
#CNBCTV18Market | Co targets 300 bps EBITDA margin expansion for PV business, see the quantum of PLI scheme tailwinds to EV profitability: GS on Tata Motors
#CNBCTV18Market | UBS gives sell rating on Tata Motors, co aims for near zero net debt in India ops by FY25 despite ₹8,000 cr capex in FY24
#CNBCTV18Market | CV segment growth should moderate in FY24, co stands to benefit from Tata Group’s foray into cell manufacturing: JPMorgan on Tata Motors