MSF Current Affairs, GK & News
RBI keeps Repo Rate Unchanged at 4%
The Monetary Policy Committee of the Reserve Bank of India has decided to keep the Repo Rate unchanged during the bi-monthly policy review of the apex bank. The MPC is headed by Shaktikanta Das, the Governor of the RBI. The apex bank has already reduced the repo rate by 115 basis points since March this ..
Month: Current Affairs - August, 2020
Category: Economy & Banking Current Affairs
Topics: Bank rate • Marginal Standing Facility • MSF • RBI • Repo Rate • Reserve Bank of India • Reverse Repo Rate
RBI Monetary Policy review: Repo rate lowest since 2010
The Reserve bank of India (RBI) in its bi-monthly monetary policy review reduced repo rate by 25 basis points to 5.75% from current 6.0% with immediate effect. This is RBI’s third cut this year and has reduced Repo rate at lowest since 2010. Key Highlights With Repo Rate adjusted to 5.75%, consequently Reverse Repo Rate ..
Month: Current Affairs - June, 2019
Category: Economy & Banking Current Affairs
Topics: Bank rate • Cash Reserve Ratio • CRR • Digital India • GDP Growth Rate • LAF • Liquid Adjustment Facility • Marginal Standing Facility • Monetary Policy Committee • MSF • NEFT • RBI Bi-monthly Monetary Policy Review • RBI Governor Shaktikanta Das • Repo Rate • Reserve Bank of India • Retail inflation forecast • Reverse Repo Rate • RR • RTGS
RBI keeps all key rates intact in fourth bi-monthly monetary policy
The RBI announced its fourth bi-monthly monetary policy on September 30, 2014. This follows the third bi-monthly monetary policy which was announced in August 2014. CRR The CRR of scheduled was kept unchanged at 4% of the bank’s NDTL (net demand and time liabilities). CRR refers to the proportion of its deposits that a bank ..
Month: Current Affairs - October, 2014
Topics: Current Repo Rate • Current Reverse Repo Rate • Economy • MSF • RBI