Central Bank

Despite rising inflation, RBI holds interest rates at lowest-ever

Despite rising inflation, RBI holds interest rates at lowest-ever

April 9, 2022

The Monetary Policy Committee of the Reserve Bank of India that ended its two-day meeting on Friday has decided to keep the repo and reverse repo rates at 4 pc and 3.5 pc respectively, the lowest-ever levels for both the benchmark rates. The decision was taken even as the MPC and...

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New Reserve Bank of India governor Urjit Patel faces many challenges

New Reserve Bank of India governor Urjit Patel faces many challenges

August 25, 2016

#Urjit Patel who will become 24th #Governor of #Reserve Bank of India has more than half-a-dozen challenges before him. However Patel is neither new to Reserve Bank of India nor to the #Finance Ministry or to the political establishment unlike some of his predecessors.

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