Updated resolution to monetary policy

According to the MONETARY POLICY STATEMENT 2021-22 by Shri Shaktikanta Das
(Governor) the updated resolution has came

• The policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 per cent
• the reverse repo rate under the LAF remains unchanged at 3.35 per cent
• the marginal standing facility (MSF) rate and the Bank Rate unchanged at 4.25 per cent
• consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent
• CPI inflation plateaued at 6.3 per cent in June after having risen by 207 basis points in May 2021.
• cash reserve ratio has expanded by 11% y-o-y on july 30 2021
• money supply (M3) and bank credit by commercial banks grew by 10.8 per cent and 6.5 per cent,
• CPI inflation is projected for 2021-22
•   Q1-5.7%
• Q2-5.9%
• Q3- 5.3%
• Q4- 5.8%
• And for Q1 of 2022-23 is 5.1%
• projection for real GDP growth is retained at 9.5 per cent in 2021-22
• 21.4 per cent in Q1
• 7.3 per cent in Q2
• 6.3 per cent in Q3
• 6.1 per cent in Q4 of 2021-22
• Real GDP growth for Q1:2022-23 is projected at 17.2 per cent.

These are the updated rates from the last monetary policy report came in July 2021