RBI Governor

‘Governor of the Year’ Award for 2023

March 18, 2023

Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), has been named “Governor of the Year” for 2023 by Central Banking, an international economic research journal. Das’s steady leadership during challenging periods, including the COVID-19 pandemic, the collapse ..

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RBI Monetary Policy Review- Highlights

June 9, 2022

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 ..

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Urjit Patel – New Vice President of AIIB

January 10, 2022

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. ..

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President’s New Secretary: Former retd IAS officer Kapil Dev Tripathi

April 21, 2020

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 ..

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RBI: Cuts repo rate to 4.4%; CRR to 3%; 3-month moratorium allowed on all loans

March 27, 2020

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 ..

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15th Finance Commission to set up panel to examine fiscal and debt situation of Centre and States

March 21, 2020

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 ..

RBI reduces repo rate by 35 basis points to 5.40%

August 8, 2019

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 ..

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Bimal Jalan led panel defers report on RBI surplus funds

June 13, 2019

The Reserve Bank of India (RBI) committee led by Bimal Jalan (former RBI governor) constituted for considering guidelines for transfer of central bank’s surplus funds to government delayed submitting its report after lack of consensus among its members. The panel ..

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