Page-2 of Monetary Policy review Current Affairs, GK & News

WPI Inflation Hits 10-Month Low

The Union Ministry of Commerce and Industries has released the data on WPI Inflation. The data makes the following observations: The WPI Inflation fell to a 10-month low of 2.76 per cent in January owing to softening prices of fuel and some food items. The WPI inflation has stood at 3.8 per cent in December ..

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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 at 6.25%.  This decision was taken by RBI’s six member Monetary Policy Committee (MPC) headed ..

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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 would be as follows: Repo Rate: 6.25% Reverse Repo Rate: 6.00% Marginal Standing Facility (MSF) ..

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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 of the MPC was consistent with a neutral stance of monetary policy in consonance with ..

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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 20%. RBI has projected the headline inflation in the range of 2.0-3.5% in the first half of 2017-18 and ..

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