6th bi-monthly monetary policy statement Current Affairs, GK & News

RBI Sixth bi-monthly Monetary Policy Statement 2018-19: Key Facts

February 8, 2019

The important facts related to the RBI’s sixth bi-monthly monetary policy statement for 2018-19 is listed below: RBI has relaxed the CPI or retail inflation forecasts for India in FY20. Because of the low inflation forecasts, RBI has decided to trim down policy repo rate by 25 basis points, taking the overall interest rate down ..

Month: Current Affairs - February, 2019

Topics: 6th bi-monthly monetary policy statement • CPI • Food Inflation • Marginal Standing Facility • Neutral policy • RBI • Repo Rate • Reverse Repo Rate

RBI cuts repo rate by 25 basis point

January 15, 2015

Reserve Bank of India (RBI) has cut down repo rate by 25 basis points to 7.75 percent from 8 percent, with immediate effect. It was announced ahead of the scheduled date of monetary policy announcement on 3rd February 2015 as part of RBI’s 6th bi-monthly monetary policy statement. RBI’s 6th bi-monthly monetary policy statement says ..

Month: Current Affairs - January, 2015

Topics: 6th bi-monthly monetary policy statement • Cash reserve ratio (CRR) • Current Affairs 2016 • Repo Rate • Reserve Bank of India (RBI)