Page-2 of Monetary Policy review Current Affairs, GK & News
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 ..
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 ..
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) ..
Month: Current Affairs - June, 2018
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 ..
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 ..
Month: Current Affairs - June, 2017