Page-2 of Monetary Policy review
Repo rate keeps unchanged at 6.5%
Reserve Bank of India (RBI) in its fifth bimonthly monetary policy review for financial year 2018-19 has decided to maintain status quo in policy rates by keeping repo rate unchanged at 6.5%. The reverse repo rate has also been maintained ..
Month: Current Affairs - December, 2018
RBI’s Monetary Policy Review: RBI Hikes Repo Rate to 6.25%
On June 6, 2018, the six members Monetary Policy Committee (MPC) of RBI has decided to hike Repo (short term lending rate) to 6.25% from 6.00%. As per the second Bi-monthly Monetary Policy Statement, the current policy rates of RBI ..
Month: Current Affairs - June, 2018
RBI cuts repo rate by 25 bps to 6%
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has reduced short-term lending rate, or repo rate, by 25 basis points to 6%. It was RBI’s third bimonthly policy review for the financial year 2017-18. The decision ..
Month: Current Affairs - August, 2017
RBI Keeps the Repo Rate Unchanged
The Reserve Bank of India has kept repo rate unchanged at 6.25% in its second bi-monthly monetary policy review. Reverse Repo rate has been kept unchanged at 6%. The RBI has cut the Statutory Liquidity Ratio (SLR) by 50 basis points to ..
Month: Current Affairs - June, 2017
RBI keeps repo rate unchanged in first monetary policy review of 2017-18
The Reserve Bank of India (RBI) in its first bimonthly monetary policy review of the financial year 2017-18, has kept the key policy rate, the repo rate unchanged, but raised reverse repo rate by 25 bps to 6%, from 5.75%. ..
Month: Current Affairs - April, 2017
RBI keeps key rates unchanged in 6th bi-monthly monetary policy review
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) headed by RBI Governor Urjit Patel has kept the key policy rates unchanged. It was central bank’s sixth bi-monthly and last policy for the financial year 2016-17 and ..