Bank rate Current Affairs, GK & News
RBI Monetary Policy Committee Meeting- Key Highlights
The Monetary Policy Committee of the central bank recently held its meeting on February 3 to February 5, 2021 to discuss the current macroeconomic financial developments in India. Key Decisions by the committee The committee has decided to keep the repo rate unchanged at the 4 percent. It has decided to continue its accommodative stance ..
Month: Current Affairs - February, 2021
Category: Economy & Banking Current Affairs
Topics: Bank rate • Marginal Standing Facility Rate • Monetary Policy Committee • Repo Rate • Reserve Bank of India (RBI) • Reverse Repo Rate
RBI keeps Repo Rate Unchanged at 4%
The Monetary Policy Committee of the Reserve Bank of India has decided to keep the Repo Rate unchanged during the bi-monthly policy review of the apex bank. The MPC is headed by Shaktikanta Das, the Governor of the RBI. The apex bank has already reduced the repo rate by 115 basis points since March this ..
Month: Current Affairs - August, 2020
Category: Economy & Banking Current Affairs
Topics: Bank rate • Marginal Standing Facility • MSF • RBI • Repo Rate • Reserve Bank of India • Reverse Repo Rate
5th Bi-monthly Monetary Policy 2019-20
The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) headed by the Governor of RBI, Shaktikant Das, voted unanimously to keep the policy rate unchanged and announced the 5th bi-monthly monetary policy of 2019-20 on Thursday, 5th December 2019. Highlights from the 5th bi-monthly monetary policy: The earlier projected GDP growth ..
Category: Economy & Banking Current Affairs
Topics: 5th bi-monthly monetary policy • 6th bi-monthly monetary policy • Bank rate • Consumer Price inflation • Governor of RBI • Monetary Policy Committee • Repo Rate • Reserve Bank of India • Shaktikant Das
RBI cuts policy repo rate in its 3rd bi-monthly Monetary Policy Statement for FY 20
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has recently announcement its 3rd bi-monthly Monetary Policy Statement for FY 20 (2019-20). In it, RBI reduced the policy repo rate under the Liquidity Adjustment Facility (LAF) by 35 basis points (bps) from 5.75% to 5.40% with immediate effect. Consequently, the reverse repo ..
Topics: Bank of England • Bank rate • Economy • Finance • Finance in India • Interest Rates • Liquidity adjustment facility • Monetary Policy • Money • Official bank rate • Repurchase agreement • Reserve Bank of India
RBI Cuts Repo Rate
The Reserve Bank of India (RBI) in its monetary policy review undertaken by the Monetary Policy Committee (MPC) has made the following decisions: RBI cuts repo rate to 5.4% from the current 5.75%. Reverse repo rate under liquidity adjustment facility stands revised to 5.15%. Marginal standing facility (MSF) rate and the bank rate reduced to 6%. ..
Topics: Bank of England • Bank rate • Economy • Finance • Finance in India • Inflation • Interest Rates • Liquidity adjustment facility • Monetary Policy • Monetary Policy Commitee • Monetary Policy Committee • Monetary Policy review • Money • Reduction in Interest Rates • Reserve Bank of India