Indian Economy
Indian Economy
TREND | 04 Jun 2021
ICICI Securities Limited
The Reserve Bank of India (RBI) expectedly maintained its repo rate at 4.0%, reverse repo rate at 3.35% and MSF at 4.25%. MPC members voted unanimously on status quo and maintained an accommodative' stance. Several measures like TLTRO extension to contact-intensive sectors, enhancement of exposure thresholds under resolution framework and more were also announced by the RBI in today's policy. RBI announced that under G-Sec acquisition programme (GSAP 1), further purchase of G-secs worth | 40000 crore would be conducted on June 17,...
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