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Highlights of Credit Policy 2005-06
 
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April 28, 2005 13:34 IST
Monetary Measures      

Domestic Developments         

External Developments         

Global Developments         

Stance of Monetary Policy

(i) Provision of appropriate liquidity to meet credit growth and support investment and export demand in the economy while placing equal emphasis on price stability,

(ii) consistent with the above, to pursue an interest rate environment that is conducive to macroeconomic and price stability, and maintaining the momentum of growth, and

(iii) to consider measures in a calibrated manner, in response to evolving circumstances with a view to stabilising inflationary expectations.       

Developmental and Regulatory Policies         

First Quarter Review of Part I to be undertaken on July 26, 2005. 

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