RBI Sets Up Panel to Consolidate Urban Co-operative Banks
The Reserve Bank on Monday set up a committee to draw a vision document for strengthening urban cooperative banks (UCBs) and exploring the potential of consolidation in...
Tag : Monetary Policy
RBI Linking New Loans to External Benchmark
Shaktikanta Das, governor Reserve Bank of India (RBI) said in his word, new loans to an external benchmark like the central bank’s repo rate will...
RBI Announces Fifth Bi-monthly Monetary Policy (2018-19)
Following the 3 day deliberations on the monetary policy review, Reserve Bank of India has released the Fifth Bi-monthly Monetary Policy Statement (2018-19) on their...
RBI cuts repo rate by 25 basis point to 6%
The Monetary Plicy Committee (MPC) of the Reserve Bank of India at its third bimonthly policy review, reduced the short term lending rate or repo...
RBI keeps the repo rate unchanged at 6.25%
The Reserve Bank of India has kept the repo rate unchanged at 6.25% after reducing it twice in the current financial year. The MPC’s stance...
RBI keeps repo rate unchanged at 6.50% and CRR at 4%
On Tuesday, Raghuram Rajan at his final policy review meeting as RBI governor, left the interest rates unchanged. The repurchase or repo rate has been...
RBI cuts repo rate by 25 bps to 6.50, CRR unchanged at 4%
The Reserve Bank of India (RBI), at the first bi-monthly monetary policy meeting of the fiscal year, cuts its policy repo rate by 25 basis...
RBI cuts the repo rate by 25 bps, keeps the CRR unchanged at 4%
On Tuesday, Raghuram Rajan, the Governor of Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 7.25% from 7.5%...
RBI keeps repo rate unchanged at 7.5%
The Reserve Bank of India has kept the repo rate unchanged at 7.5% in its monetary policy review on Tuesday. The Cash Reserve Ratio is...