[ad_1] RBI Monetary Policy 2021: Central bank kept interest rates steady to maintain status quo The Reserve Bank of India (RBI), in its bi-monthly Monetary Policy Committee (MPC) Statement, said that another round of the Government Securities Acquisition Programme (G-SAP 1.0) worth Rs 40,000 crore will be conducted on June 17. Out of this, Rs 10,000 crore […]
[ad_1] The RBI on Friday held the repo rate, its key lending rate, at four per cent The Reserve Bank of India (RBI) kept interest rates steady at record lows and reiterated its commitment to keeping policy accommodative as a second wave of COVID-19 infections threatens to derail the country’s economic recovery. The RBI on […]
[ad_1] RBI MPC Meet Preview: According to economists, the repo rate is likely to be unchanged The Reserve Bank of India (RBI) Governor Shaktikanata Das-led Monetary Policy Committee (MPC) began its three-day deliberations on Wednesday, June 2, as economists and rating agencies expect the maintenance of status quo on benchmark rates, amid the severity of […]
[ad_1] Fitch revised its inflation rate forecast to an average of 5 per cent in fiscal 2021-22 Fitch Solutions has revised its forecast for the Reserve Bank of India (RBI) to keep its policy repurchase (repo) rate on hold at 4 per cent over the course of FY22 (April 2021 to March 2022) from its […]
[ad_1] ECBs are simply commercial loans that are raised by eligible resident entities The Reserve Bank of India (RBI) in its Monetary Policy Committee review today, announced that the unutilised external commercial borrowing (ECB) proceeds drawn down before March 1, 2020, can be parked in term deposits with banks in the country, up to March 1, […]
[ad_1] RBI Monetary Policy 2021: Shaktikanta Das kept key interest rates steady to maintain status quo The Reserve Bank of India (RBI) Governor Shaktikanta Das announced in the Monetary Policy Committee (MPC) review today that the authority has decided to set up a secondary market Government Security Acquisition Programme or G-SAP 1.0, for the orderly functioning […]