Page-7 of Repo Rate
India s GDP Growth Rate Reduces
India s GDP growth rate witnessed a slowdown. This has raised the prospect of fiscal stimulus and a rate cut. GDP Growth Rate India grew at a much slower-than-expected 5.8 per cent in the last quarter of the financial year ..
RBI to Infuse Rs 15,000 crores into the Financial System
The Reserve Bank of India (RBI) has decided to infuse Rs 15,000 crore into the financial system through purchase of government bonds via the auction route. The purchase of government securities would be through open market operations. Open Market Operations ..
RBI sets the limits for Ways and Means Advances (WMA)
The Reserve Bank of India (RBI) in consultation with the government of India has set the limits for Ways and Means Advances (WMA) for the first half of the financial year 2019-20 (April 2019 to September 2019) at Rs 75000 ..
Month: Current Affairs - April, 2019
WPI Inflation Hits 10-Month Low
The Union Ministry of Commerce and Industries has released the data on WPI Inflation. The data makes the following observations: The WPI Inflation fell to a 10-month low of 2.76 per cent in January owing to softening prices of fuel ..
Month: Current Affairs - February, 2019
RBI Sixth bi-monthly Monetary Policy Statement 2018-19: Key Facts
The important facts related to the RBI’s sixth bi-monthly monetary policy statement for 2018-19 is listed below: RBI has relaxed the CPI or retail inflation forecasts for India in FY20. Because of the low inflation forecasts, RBI has decided to ..
Month: Current Affairs - February, 2019
RBI lowers Repo Rate
The six-member monetary policy committee (MPC) headed by RBI Governor Shaktikanta Das has lowered the repo rate by 25 basis points to 6.25 per cent in a 4-2 vote. Important decisions by the MPC The features of the decisions taken by ..