RBI Governor Current Affairs, GK & News
RBI Monetary Policy Review- Highlights
Monetary Policy Committee (MPC) of the Reserve Bank of India, recently decided to increase the Policy Repo Rate by 50 basis points to 4.9 per cent in June 2022. Key Facts MPC members voted unanimously to increase rates and to continue withdrawal of accommodative stance. According to MPC, inflation is likely to remain above 6 ..
Month: Current Affairs - June, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Bi-monthly monetary policy • Monetary Policy Committee (MPC) • RBI Governor • RBI Monetary Policy Review
Urjit Patel – New Vice President of AIIB
Urjit Patel served as the 24th Governor of RBI (Reserve Bank of India). He was recently appointed as the Vice President of Asian Infrastructure Investment Bank. Urjit Patel He was born in Kenya. In 2018, he resigned as RBI governor. His resignation came in as a shock to the country. He resigned after serving for ..
Month: Current Affairs - January, 2022
Category: Awards, Persons & Places in News • Persons in News
Topics: ADB • AIIB • India-ADB • India-AIIB • RBI • RBI Governor • Reserve Bank of India (RBI) • Urjit Patel
President’s New Secretary: Former retd IAS officer Kapil Dev Tripathi
On April 20, 2020, the Former IAS officer Kapil Dev Tripathi was appointed as the new secretary to the President of India Shri Ram Nath Kovind. The Appointments Committee of the Cabinet approved his appointment for a term co-terminus with the tenure of the President. Appointment Committee of the Cabinet The Appointment Committee of the ..
Month: Current Affairs - April, 2020
Category: Awards, Persons & Places in News
Topics: Appointment Committee of the Cabinet • Appointments Committee of Cabinet (ACC) • Cabinet Committees • Chairman of Railway Board • Chief of Indian Army • IAS officer • President • President Ram Nath Kovind • RBI Governor
RBI: Cuts repo rate to 4.4%; CRR to 3%; 3-month moratorium allowed on all loans
On March 27, 2020, the Reserve Bank of India announced series of measures to counter economic slowdown caused due to COVID-19. The Central bank advanced its Monetary Policy Committee meet due to COVID-19 pandemic. This was the 7th Bi-Monthly Monetary Policy Statement of the RBI for the financial year 2019-20. The RBI measures introduced is ..
Month: Current Affairs - March, 2020
Category: Economy & Banking Current Affairs - 2022
Topics: Corona virus • COVID-19 • Economic slow down • liquidity • RBI • RBI Governor • RBI Governor Shaktikanta Das • Repo Rate • Reverse Repo Rate
15th Finance Commission to set up panel to examine fiscal and debt situation of Centre and States
The Fifteenth Finance Commission is to set up a panel soon, which will examine the fiscal and debt situation of the Centre and states. This panel is to be headed by the Chairman of the 15th Finance Commission N.K.Singh. It will present a road map on the lines of the erstwhile Fiscal Responsibility and Budget ..
Topics: Debt • Fifteenth Finance Commission • Fiscal Responsibility and Budget Management Act • RBI Governor
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