Thread by @BiIndia

👉#RBI keeps interest rates unchanged at 4 pc; to continue with accommodative stance as long as necessary

👉Aggregate supply is still below pre-covid levels. There is a broad-based recovery in aggregate demand

#ShaktikantaDas #RBIPolicy

👉Consumer confidence for the year ahead has returned to 'optimistic' from historic lows

👉Projection for real GDP growth retained at 9.5% for FY22

#ShaktikantaDas #RBIPolicy

👉Interest rates unchanged, monetary policy stance remains 'accommodative' as five out of six MPC members vote in favour of it

👉Action aimed at prioritising growth and addressing distress in economy

#ShaktikantaDas #RBIPolicy

👉Price of pulses and edible oil has moderated, house rentals are below historical averages

👉#RBI projects Consumer Price Inflation (CPI) at 5.7% for FY22 and 5.1% for FY23

#ShaktikantaDas #RBIPolicy

👉RBI to conduct two GSAP auctions worth Rs. 25,000 crore on August 12 and August 26

👉 We are in midst of extraordinary situation arising out of pandemic, require policy support from all sides to nurture recovery: Governor Shaktikanta Das

#ShaktikantaDas #RBIPolicy

👉 #RBI will the keep the window for on-tap targeted long-term loans by another 3 months. This will benefit sectors like construction, real estate and microfinance

👉 For those who want to restructure debt, the deadline to meet the qualifying financial parameters has been extended to October 1

#ShaktikantaDas #RBIPolicy

#RBI keeps benchmark policy rate unchanged at 4% for the seventh time in a row

#ShaktikantaDas #RBIPolicy

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