The Reserve bank of India, decided to keep the economy’s benchmark interest rates unchanged on Thursday. The decision was made after three days of deliberations by the RBI’s Monetary Policy Committee. As part of the bi-monthly review of monetary policy on August…
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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