Gradual unwinding of liquidity measures to support growth, keep inflation under control: Bankers

The six-member MPC kept the repo rate unchanged at 4 per cent and maintained an accommodative policy stance.The RBI also suspended the G-Sec Acquisition Programme (G-SAP) and is proposed to undertake five 14-day variable rate reverse repo (VRRR) auctions on a fortnightly basis between today and December 3, 2021.

from Banking/Finance-Industry-Economic Times https://ift.tt/3oKdvH9