RBI’s Today Monetary Policy Announcement would help in getting us back to a more Comfortable Inflation Situation soon: FM

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..... RBI’s Today Monetary Policy Announcement would help in getting us back to a more Comfortable Inflation Situation soon: FM - News and Press Release Dated:- 25-10-2011 - News - Press Information Bure .....

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..... au Government of India Ministry of Finance 25-October-2011 14:09 IST The Union Finance Minister Shri Pranab Mukherjee has said that the today s monetary policy announcement by Reserve Bank o .....

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..... f India (RBI) would help in getting us back to a more comfortable inflation situation soon while leaving scope for growth to pick up in the second half of current fiscal year. The Finance Minister Shr .....

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..... i Mukherjee was responding to the RBI today s announcement vide which it has increased the policy repo rate by 25 basis points from existing 8.25% to 8.50%. The reverse repo rate has also gone up from .....

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..... 7.25% to 7.50%. The Finance Minister Shri Mukherjee said that the RBI Governor has chosen to reinforce his commitment to moderate inflation and check inflationary expectations, in the face of continu .....

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..... ed stickiness in headline inflation. Shri Mukherjee said that this has implications for credit costs and investment growth. The Finance Minister said that we are looking at all options for strengtheni .....

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..... ng investment sentiments in the coming months. DSM/SS/GN - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITa .....

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..... x .....

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