Page-2 of 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: Current Affairs - May, 2021
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 ..
Month: Current Affairs - May, 2021
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 ..
Month: Current Affairs - April, 2021
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 ..
Month: Current Affairs - February, 2021
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 ..
Month: Current Affairs - December, 2020
Liquidity Adjustment Facility
Recently, the Reserve Bank of India (RBI) has decided to extend liquidity adjustment facility (LAF) to Regional Rural Banks (RRB) to make liquidity management more efficient. The LAF was introduced in RBI in 1998 based on the recommendations of Narasimham ..