May 22
In a bid to address the economic concerns due to COVID-19, the Reserve Bank of India (RBI) Governor Shaktikanta Das today cut the repo rate by 40 bps to 4% and also extended the moratorium on term loans till August 31. The Monetary Policy Committee (MPC) voted in the ratio of 5:1 in favour of …
May 17
Union Finance Minister Nirmala Sitharaman today announced the fifth and final tranche of the ₹ 20 lakh crores Atmanirbhar Bharat economic package. The final tranche of the Self-Reliant India economic package focused on the health sector, ease of doing business, online education, MNREGA, decriminalisation of Companies Act, Public Sector Undertaking (PSU), and state governments. MNREGA …
Apr 17
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 …
Mar 27
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
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 …
