In a bid to address the economic concerns due to COVID-19, the Reserve Bank of India (RBI) Governor Shaktikanta Das today slashed the reverse repo rate by 25 basis points to 3.75 per cent, repo rate remains unchanged at 4.40 per cent. Last month, the RBI had advanced its monetary policy committee (MPC) meet where …
Tag: Monetary Policy Rates
Mar 27
RBI cuts Repo Rate by 75 basis points to 4.40%
The RBI (Reserve Bank of India) has released its 7th Bi-monthly policy for FY 2019-2020. The Monetary Policy Committee (MPC) was led by RBI Governor Shaktikanta Das. In view of the COVID – 19 Pandemic, the Monetary Policy Committee (MPC) meeting was advanced to March 25 – 27, 2020. Earlier, it was scheduled for March …
Feb 07
RBI keeps the policy rates unchanged in its 6th Bi-monthly Monetary Policy statement
The RBI (Reserve Bank of India) has released its 6th Bi-monthly policy for FY 2019-2020. The Monetary Policy Committee (MPC) was led by RBI Governor Shaktikanta Das. The Monetary Policy Committee (MPC) meeting was held during 3rd, 4th and 5th February 2020 to assess current and evolving macroeconomic and financial conditions and the outlook. The …