The machine was launched by the Reserve Bank of India. The apex bank finalized its decision of launching the machine during its recently held MPC meeting. The QR...
Recently, the Monetary Policy Committee (MPC) held an unscheduled meeting and made some important announcements. What are the announcements? The MPC unanimously decided to increase the policy repo...
In the first hike since 2018, the US Federal Reserve increased the interest rates by 25 basis points. Reasons for US Fed Rate Hike In February, inflation in...
The Reserve Bank of India (RBI) reduced the interest rate by 35 basis point (0.35%). This is the fourth successive reduction in the repo rate. What is the...
The six-member monetary policy committee (MPC) headed by RBI Governor Shaktikanta Das has lowered the repo rate by 25 basis points to 6.25 per cent in a 4-2...
The Reserve bank of India (RBI) in its fifth bi-monthly monetary policy review for year 2016-17 has kept key rates unchanged. Decision in this regard was taken by...
The Union Government has notified the constitution of the six members Monetary Policy Committee (MPC). In this regard, the Union Finance Minister has used powers designated under the...