Zoom News : Feb 10, 2022, 12:16 PM
The results of the MPC meeting of the Reserve Bank of India are out. RBI Governor Shaktikanta Das shared information about the decisions taken during the three-day meeting. During this, the biggest decision was taken that once again the policy rates have been retained at 4 per cent. On the contrary, there was no change in the reverse repo rate as well. In such a situation, there is no exemption for home loan or car loan borrowers. Let us know about the big decisions taken in the MPC meeting.
- Repo rate will remain unchanged at 4 per cent without any change. The MSF rate and bank rate will remain 4.25 per cent without any change.
- This time too he has not got any exemption in home loan or car loan. No relief has been given to him by the Reserve Bank in the current EMI.
- Real GDP growth for the financial year 2022-23 is estimated at 7.8 per cent after deliberations on the economy.
- RBI announced that the limit for e-rupee digital vouchers has been increased from Rs 10,000 to Rs 1 lakh.
- To enable infrastructure, the governor increased the NACH mandate limit from the present Rs 1 crore to Rs 3 crore.
- RBI decided to extend the On-Tap Liquidity Scheme for Healthcare, Contact Intensive Sectors by three months.
- After the meeting, it was said that the CPI inflation for the financial year 2022-23 has been projected to be 4.5 percent.
- Shaktikanta Das said that banks should strengthen governance and risk management, the central bank's focus is on liquidity rebalancing.
- Describing the outcome of the meeting on behalf of RBI, Shaktikanta Das said that the Reserve Bank has decided to take a conservative approach.