Page-8 of Repo Rate
Repo rate keeps unchanged at 6.5%
Reserve Bank of India (RBI) in its fifth bimonthly monetary policy review for financial year 2018-19 has decided to maintain status quo in policy rates by keeping repo rate unchanged at 6.5%. The reverse repo rate has also been maintained ..
Month: Current Affairs - December, 2018
RBI’s Monetary Policy Review: RBI Hikes Repo Rate to 6.25%
On June 6, 2018, the six members Monetary Policy Committee (MPC) of RBI has decided to hike Repo (short term lending rate) to 6.25% from 6.00%. As per the second Bi-monthly Monetary Policy Statement, the current policy rates of RBI ..
Month: Current Affairs - June, 2018
What is a Contractionary Policy?
Contractionary Policy refers to the monetary policy which aims to slow down the economy by introducing a reduction in money supply for lesser money and investment. There are many economic tools used by the Central Bank of every nation like ..
What is the meaning of Cash Reserve Ratio?
Cash Reserve Ratio is a specific amount of funds which the commercial banks have to keep with the Reserve Bank of India to ensure liquidity in the system. The funds are a part of the Net Demand and Time Liabilities ..
RBI keeps repo rate unchanged at 6%
The six member Monetary Policy Committee (MPC) of Reserve Bank of India (RBI) has decided to maintain status quo in policy rates by keeping repo rate unchanged at 6.0% under liquidity adjustment facility (LAF). It was RBI’s fifth bimonthly policy ..
Month: Current Affairs - December, 2017
RBI cuts repo rate by 25 basis point
Reserve Bank of India (RBI) has cut down repo rate by 25 basis points to 7.75 percent from 8 percent, with immediate effect. It was announced ahead of the scheduled date of monetary policy announcement on 3rd February 2015 as ..