Monetary Policy

Normalization Of Monetary Policy May Begin At The End Of Financial Year 2022

As interest rates continue to remain at an unprecedentedly low level, the Reserve Bank of India may begin to tighten monetary policy, and the gradual normalization of policy may begin at the end of the current fiscal year. Although retail inflation fell month-on-month in June, it remained above the 6% threshold for the second consecutive month. Consumer price index inflation slowed slightly to 6.26%.