MPC
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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RBI Governor announces repo rate cut in India
October 7, 2016
In a surprising announcement, current RBI Governor Urjit Patel informed the country about RBI’s decision of slashing the repo rates. The announcement for a rate cut came as the first policy statement made by Urjit Patel since he took the position of the Governor of the R...
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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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