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 ..
Month: Current Affairs - February, 2020
Category: Economy & Banking Current Affairs - 2022
Topics: Monetary Policy • Monetary Policy Committee • RBI • RBI Bi-monthly Monetary Policy Review • Reserve Bank of India
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 ..
Month: Current Affairs - August, 2019
Category: Economy & Banking Current Affairs - 2022
Topics: Cash Reserve Ratio • Marginal Standing Facility Rate • Monetary Policy Committee • RBI Bi-monthly Monetary Policy Review • RBI Governor • Repo Rate • Reserve Bank of India • Reverse Repo Rate • Statutory liquidity ratio
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 - 2022
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