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RBI Monetary Policy Highlights 2024-12-07 14:52:12
The Reserve Bank of India (RBI) today, December 6, announced its fifth bi-monthly monetary policy for FY2025. The six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, decided to maintain the policy by a majority of 4:2. The...
Keywords: RBI Monetary Policy top highlights, Shaktikanta Das, RBI Monetary Policy latest breaking, RBI Monetary Policy breaking
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RBI kept repo rates unchanged! 2016-12-07 11:50:37
The Reserve Bank of India has announced that the repo rate will remain unchanged at 6.25 percent. The reverse repo rate under the LAF remains unchanged consequently at 5.75 percent, and the marginal standing facility (MSF) rate and the Bank...
Keywords: RBI, RBI, Urjit Patel, Urjit Patel
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'Non-cooperative' borrower classification simplified - RBI 2014-12-23 13:24:17
The Reserve Bank of India has changed the definition of a non-cooperative borrower to embrace all those who have the ability to pay but still prevent lenders' attempts to recover their dues, also includes wrong provision of required information. The...
Keywords: RBI Governor Raghuram Rajan, simplified definition, RBI Governor Raghuram Rajan, RBI Governor Raghuram Rajan
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RBI reduces reverse repo rate to 3.75% 2020-04-17 06:25:08
In the press briefing that happened at 10 in the morning, RBI Governor, Shaktikanta Das revealed some of the quintessential measures that RBI is taking in helping people battle this Covid-19 outbreak. Out of them all, the one that stood...
Keywords: banks, Shaktikanta das, rbi governor, RBI
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RBI joins in to fight Coronavirus in India; 3 months EMI exempts 2020-03-27 07:15:14
Just a day following the announcement of the INR 1.7 lakh crore relief package by the Finance Minister, Nirmala Sitharaman, the Reserve Bank of India (RBI) stepped in to do their part in fighting this coronavirus pandemic in India. There...
Keywords: coronavirus, EMI exempts, EMI exempts, relief package
Read More RBI cuts rapo rate by 25 bps to 6.25%! 2016-10-04 10:29:02
The Reserve Bank of India Governor Urjit Patel cut interest rates by a quarter point and all six of the monetary policy committee unanimously voted in favor of the rate cut. This is the first instance where a monetary policy...
Keywords: monetary policy committee, RBI, RBI Governor Urjit Patel, Repo rate
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