Monetary policy refers to the policy of the central bank regarding the use of monetary instruments under its control to achieve the objectives specified in the law. The Reserve Bank of India (RBI) is responsible for implementing the monetary policy. This responsibility…
read moreIn his third speech since the start of the coronavirus-induced lockdown on March 25, the Governor of the Reserve Bank of India (RBI) Shaktikanta Das today reduced the Repo rate by 40 basis points to 4% and also also extended the moratorium…
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