Page-9 of Repo Rate Current Affairs, GK & News
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 review for financial year 2017-18. The decision was in line with market expectations and consistent ..
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 part of RBI’s 6th bi-monthly monetary policy statement. RBI’s 6th bi-monthly monetary policy statement says ..