Bi-monthly monetary policy
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 ..
Month: Current Affairs - June, 2022
Category: Economy & Banking Current Affairs - 2024
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 ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs - 2024
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 ..
Month: Current Affairs - December, 2021
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. ..
Month: Current Affairs - October, 2021
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 ..
Month: Current Affairs - June, 2021
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 ..