RBI Bi-monthly Monetary Policy Review Current Affairs, GK & News

RBI releases bi-monthly policy: Repo rate unchanged

On February 6, 2020, the Reserve Bank of India released its bi-monthly monetary policy. The apex bank has kept the policy repo rate unchanged. It remains at 5.15%. Observations of the Committee The Monetary Policy Committee that meets once in two months under the chairmanship of its Governor has made the following observations The inflation ..

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RBI reduces repo rate by 35 basis points to 5.40%

Reserve Bank of India (RBI) in its third Bi-monthly Monetary Policy review for financial year 2019-20 has reduced its key policy rate (repo rate) by an unorthodox 35 basis points to 5.40%. This takes the benchmark lending rate to a nine-year low. It was overall fourth consecutive interest rate cut this year, bringing down repo ..

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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 ..

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