Monetary Policy Committee (MPC) Current Affairs, GK & News

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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T Rabi Sankar named RBI deputy governor

The Government of India recently appointed T Rabi Shankar as the fourth Deputy Governor. About T Rabi Shankar T Rabi Shankar is in charge of fintech, payment system, risk management and information technology at the Apex Bank. He has succeeded B P Kanungo. Rabi Shankar has an M Phil in Economics degree. He was appointed ..

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Sudarshan Sen Committee of RBI

The Reserve Bank of India recently set up a committee to study about the Asset Reconstruction Companies (ARC) in the country. The committee will evaluate the role of ARCs in debt resolution and will review their business model. About the Committee The Committee is headed by former RBI Executive director Sudarshan Sen. It will review ..

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RBI’s Report on Currency and Finance 2020-21

A Currency and Finance (RCF) report by Reserve Bank of India (RBI) official has recommended that, the time span that was considered to measure whether monetary policy-setting panel has failed in achieving its objectives or not should be of four quarters rather than current time period of three-quarter. However, RBI made it clear that the ..

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