scorecardresearchMarket rebounds after RBI MPC outcome; here's why

Market rebounds after RBI MPC outcome; here's why

Updated: 08 Apr 2022, 06:32 PM IST
TL;DR.
  • RBI will restore liquidity adjustment facility (LAF) corridor to 50 bps, as it was pre-Covid. MSF Rate and Bank Rate remain unchanged at 4.25 percent, the governor said.
RBI now sees retail or CPI inflation averaging at 5.7 percent in FY23. Besides, the central bank cut the growth projection to 7.2 percent for FY23.

RBI now sees retail or CPI inflation averaging at 5.7 percent in FY23. Besides, the central bank cut the growth projection to 7.2 percent for FY23.