Bi-monthly monetary policy Current Affairs, GK & News

RBI Monetary Policy Review- Highlights

Monetary Policy Committee (MPC) of the Reserve Bank of India, recently decided to increase the Policy Repo Rate by 50 basis points to 4.9 per cent in June 2022. Key Facts MPC members voted unanimously to increase rates and to continue withdrawal of accommodative stance. According to MPC, inflation is likely to remain above 6 ..

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RBI Monetary Policy Update

On February 10, 2022, RBI’s Monetary Policy Committee (MPC) kept key interest rates unchanged. It retained the accommodative stance in its first policy after Union Budget 2022. Key Facts This is the tenth consecutive time that, MPC has maintained the status quo. The three-day RBI MPC meeting started on February 8, and concluded on February ..

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RBI Monetary Policy Committee Announcement- Highlights

Monetary Policy Committee (MPC) of Reserve Bank of India (RBI) announced its bi-monthly policy statement on December 8, 2021. Highlights In its policy statement, RBI has maintained status quo on key rates for the ninth consecutive time. RBI continues to maintain its ‘Accommodative’ stance and the five members of MPC have voted in favour of ..

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RBI Monetary Policy Committee Announcements

Three-membered Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) maintained an accommodative stance and kept the repo rate unchanged at 4 per cent, in order to revive & sustain growth and reduce the impact of Covid-19 pandemic. Key points Monetary Policy Committee has also ensured that inflation remains within the target. Reverse ..

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RBI Monetary Policy 2021

Reserve Bank of India (RBI) Unveiled its bi-monthly monetary policy and has kept the interest rates unchanged. Highlights Monetary policy opened a Rs 15,000-crore liquidity window for contact-intensive sectors such as hotels and tourism. On the liquidity front, it announced securities purchases of Rs 40,000 crore in June quarter while Rs 1.2 lakh crore in ..

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RBI conducts one-year and three-year tenor LTRO to reduce banks’ lending rates

The Reserve Bank of India is conducting one-year and three-year tenor LTRO to help banks to reduce their lending rates. In the latest bi-monthly policy review, it announced term repurchase agreements (repos) of one-year and three-year tenors for Rs 1 trillion at the policy repo rate. RBI has conducted three LTRO- Long-term repo operation on February ..

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