RBI monetary policy Current Affairs, GK & News

RBI Monetary Policy

On April 7, 2021, the Monetary Policy Committee of Reserve Bank of India announced the outcome of its bi-monthly monetary policy review. Key Highlights The repo rate has been kept unchanged at 4%. The reverse repo rate has been kept at 3.35%. The real GDP growth for the Fiscal Year 2022 is predicted to be ..

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RBI Monetary Policy Committee Meeting – Highlights

The MPC has lowered the GDP forecast and increased the repo rate by 50 basis points. Key Highlights The Reserve Bank of India (RBI) has increased the repo rate by 50 basis points to 5.90 per cent, which is a three-year high. This makes funding expensive for existing and new borrowers. For existing borrowers, all ..

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RBI fifth bi-monthly Monetary Policy released

The Reserve Bank of India on December 5, 2019, released its fifth bi-monthly monetary policy statement for the year 2019-20. Highlights According to the policy, the repo rate was unchanged at 5.15%. Last time, it was cut by 135 basis points to a 9-year low. Accordingly, the reverse repo rate stood at 4.9% and the ..

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RBI Consumer Confidence Survey, 2019

According to RBI Consumer Confidence Survey, the consumer confidence dipped to a six-year low. The federal bank says that this is mainly due to decline in employment, income and discretionary spending. The CSI – Current Situation Index fell to 89.4 whereas it was recorded as 95.7 in July. Previously the index hit its low in ..

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