Reserve Bank of India (RBI) Governor today left interest rates unchanged for the fourth time in a row. Repo rate is currently at 4 pct. The banking regulator has also kept the reverse repo rate at 3.5 per cent. Das said that the GDP is likely to be at 10.5 per cent for FY 21-22. He said that while announcing the bimonthly Monetary Policy speech. The Governor further said that the CPI inflation is estimate at Q4 FY21 - 5.4 per cent. For FY21- 22 H1 the CPI (Core Inflation) is estimated at 5.2-5 per cent. 

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The RBI Governor also said that its accomodative stance will continue.   

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The governor today said that there has been a marked improvement in the growth outlook of the country. He attributed it to the coming of the coronavirus vaccine. He said that it was the need of the hour to support the growth. He said that the domestic business have also shown significant improvement.

Das also said that there was optimism around the sales of residential properties. 

As for FY21-22 Q3 CPI Inflation is estimated at 4.3 per cent, the RBI Governor said.  

As per the RBI survey, the demand for new loans will sustain for the second quarter of the next financial year.

Other Key announcements are:

-- CRR to be 3.5 per cent from 27 Marh 2021

-- CRR to be at 4 per cent from 22 May 2021

-- Retail Investors alowed to open GILT accounts

--  NBFCs to be included for TLTRO

-- Steps to be taken to protect domestic markets from Global risks