RBI Monetary Policy Review Current Affairs, GK & News
The Reserve Bank of India (RBI) has announced the second bi-monthly monetary policy statement for 2019-20. The key decisions reflected in the Monetary Policy statement are: Repo rate reduced to 5.75 per cent from the current 6per cent. Similarly, the reverse repo rate under the Liquidity Adjustment Facility (LAF) stands adjusted to 5.5% and the ....Read More
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