Jun 06, 02:55 PM (IST)
Highlights from the policy outcome
Repo rate hiked by 25 bps to 6.25 percent
Reverse repo rate hiked by 25 bps to 6 percent
The Monetary Policy Committee has maintained its neutral stance
GDP forecast retained at 7.4% for FY19
April-September GDP growth projected at 7.5-7.6 percent
October-March GDP growth projected at 7.3-7.4 percent
April-September CPI likely in 4.8-4.9% range including rent allowance impact
October-March CPI likely around 4.7% including home rent allowance impact
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