During the bi monthly monetary policy presentation, the Reserve Bank of India’s Monetary Policy Committee (MPC) said on Friday that a faster and stronger rebound in the economy was “eminently feasible” if the momentum the current recovery it is gaining ground. MPC,…
read moreThe reorganized Reserve Bank of India (RBI) Monetary Policy Committee (MPC), which will meet this week, is expected to retain the main policy instrument: the repo rate, or the rate at which the RBI lend. funds in banks: unchanged at 4% on…
read moreThe Monetary Policy Committee (MPC) of the Reserve Bank of India unanimously decided to keep the repo rate unchanged at 4%. While Governor Shaktikanta Das has said that the RBI’s accommodative stance continues, the maintenance of rates runs counter to general market…
read moreMonetary 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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