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 ..
..Read MoreRBI Monetary policy committee (MPC) Meeting- Highlights
The Monetary Policy Committee (MPC) held meeting on August 5, 2022. On the basis of assessment of current and evolving macroeconomic situation, MPC has decided to: Hike policy repo rate by 50 basis points, under liquidity adjustment facility (LAF). Repo rate now stands at 5.40%. Adjust Standing deposit facility (SDF) rate to 5.15%, marginal standing ..
Month: Current Affairs - August, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: CPI inflation • Monetary Policy • Monetary Policy Committee (MPC) • Monetary policy of India • Repo Rate • Reserve Bank of India (RBI)
RBI Monetary Policy Committee Announcements – Update (May, 2022)
Recently, the Monetary Policy Committee (MPC) held an unscheduled meeting and made some important announcements. What are the announcements? The MPC unanimously decided to increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points to 4.40% with immediate effect. The MPC also decided to maintain the accommodative stance. Which other ..
Month: Current Affairs - May, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Inflation • MPC • RBI • Repo Rate
RBI Monetary Policy April 2022- Highlights
The Reserve Bank of India led by Governor Shaktikanta Das has released the monetary policy update for April 2022. Policy Rates The Policy Repo Rate has been kept unchanged at 4 percent. The Marginal Standing Facility (MSF) rate remains unchanged at 4.25 percent. The Bank Rate also remains unchanged at 4.25 percent. Reverse Repo Rate ..
Month: Current Affairs - April, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Bank rate • Cash Reserve Ratio • Marginal Standing Facility • Monetary Policy • Repo Rate • Reserve Bank of India • Reverse Repo Rate • Shaktikanta Das • Statutory liquidity ratio
RBI Monetary Policy Update
On February 10, 2022, RBI’s Monetary Policy Committee (MPC) kept key interest rates unchanged. It retained the accommodative stance in its first policy after Union Budget 2022. Key Facts This is the tenth consecutive time that, MPC has maintained the status quo. The three-day RBI MPC meeting started on February 8, and concluded on February ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Bi-monthly monetary policy • Monetary Policy Committee (MPC) • Repo Rate • Reserve Bank of India (RBI) • Reverse Repo Rate
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 - 2022
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 - 2022
Topics: liquidity • MSME • Repo Rate • Reserve Bank of India (RBI) • Reverse Repo Rate • SLRTO • Small Finance Banks