MPC Current Affairs, GK & News

RBI Monetary Policy Committee Announcements – Update (May, 2022)

May 5, 2022

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 rate under the liquidity adjustment facility (LAF) by 40 basis points to 4.40% with immediate effect. The MPC also decided to maintain the accommodative stance. Which other ..

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US Fed Rate Hike – Impact on India

March 17, 2022

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 United States reached 7.9%, which is the highest in 40 years. The Russia-Ukraine war has also led to an increase in global commodity prices. Thus, there ..

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RBI cuts Repo Rate

October 4, 2019

RBI today released its 4th bi – monthly policy review. The Reserve Bank of India cut repo rate by 25 base points to 5.15%. It is the lowest since 2010. This is the fifth consecutive rate cut of the Shaktikanta Das led panel. The RBI also cut GDP growth estimates to 6.1% from earlier 6.9% ..

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Monetary Policy tweaks by RBI

August 7, 2019

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 repo rate? The repo rate is the rate at which the RBI lends to the banks of the country. Repo rate is one of the sources of ..

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RBI lowers Repo Rate

February 7, 2019

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 vote. Important decisions by the MPC The features of the decisions taken by MPC are: Together with lowering the repo rate by 25 basis points to 6.25 per ..

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RBI keeps key rates unchanged in fifth bi-monthly monetary policy review

December 8, 2016

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 RBI’s six-member Monetary Policy Committee (MPC) headed by Governor Urjit Patel. This decision was taken on the basis of an assessment of the current and evolving macroeconomic situation.  ..

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