Repo Rate Current Affairs, GK & News
Repo Rate
Repo rate, or repurchase rate, is the rate at which RBI lends to banks for short periods. This is done by RBI buying government bonds from banks with an agreement to sell them back at a fixed rate. Objective of Repo The objective of Repo is to inject liquidity in the system. If RBI wants ..
RBI to conduct first SLTRO for small finance banks
The Reserve Bank of India recently announced that it is to conduct the first Special Long Term Repo Operation (SLTRO) of Rs 10,000 crores for Small Finance Banks. What is the plan? The RBI will conduct the SLTRO for each month starting from May 2021. This is to continue till October 2021. The SLTRO will be ..
Month: Current Affairs - May, 2021
Category: Banking Current Affairs • Economy & Banking Current Affairs
Topics: COVID Loan Book • LTRO • RBI • Repo Rate • Reserve Bank of India (RBI) • SLTRO • Small Finance Banks
RBI measures to boost economy
The Reserve Bank of India recently launched a host of measures to protect individual borrowers and the small and medium enterprises in the country. What are the measures announced? RBI has opened on-tap liquidity window of Rs 50,000 crores at repo rate of 4%. This will boost provisions of immediate liquidity. The banks shall provide ..
Month: Current Affairs - May, 2021
Category: Economy & Banking Current Affairs
Topics: liquidity • MSME • Repo Rate • Reserve Bank of India (RBI) • Reverse Repo Rate • SLRTO • Small Finance Banks
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 ..
Month: Current Affairs - April, 2021
Category: Economy & Banking Current Affairs
Topics: Consumer Price Index (CPI) • CPI • Current Repo Rate • Current Reverse Repo Rate • Government Securities • Monetary Policy Commitee • Monetary Policy review • Repo Rate • Reverse Repo Rate
RBI Monetary Policy Committee Meeting- Key Highlights
The Monetary Policy Committee of the central bank recently held its meeting on February 3 to February 5, 2021 to discuss the current macroeconomic financial developments in India. Key Decisions by the committee The committee has decided to keep the repo rate unchanged at the 4 percent. It has decided to continue its accommodative stance ..
Month: Current Affairs - February, 2021
Category: Economy & Banking Current Affairs
Topics: Bank rate • Marginal Standing Facility Rate • Monetary Policy Committee • Repo Rate • Reserve Bank of India (RBI) • Reverse Repo Rate
What is Repo Rate?
Repo rate is the rate at which the central bank lends money to the commercial banks in case of fund crunch. It is a tool used by the monetary authorities to control inflation. The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), during the 3-day meeting that began on December 2, has ..
Month: Current Affairs - December, 2020
Category: Economy & Banking Current Affairs
Topics: Inflation • Monetary Policy • Monetary Policy Commitee • Repo Rate • Reserve Bank of India (RBI)