Fema / RBI - The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on June 8th 2023, said the repo rate will be unchanged at 6.5 per cent. This is for the second time that the central bank has kept the basic rate unchanged. The repo rate in India holds significant importance in the country’s monetary policy framework. […...
Fema / RBI - The Reserve Bank of Bank (RBI) as a regulatory authority reviews its decision on continuous basis to keep the reserves with a view to securing monetary stability in the country by taking proper measures including changes in Repo Rate & Reverse Repo Rate, keeping the main objective of country’s growth, in mind. Meaning of REPO [&hell...
Fema / RBI - The newly appointed Monetary Policy Committee (MPC) of Reserve Bank of India with Dr. Ashima Goyal, Professor Jayanth R. Varma, and Dr. Shashanka Bhide, as external members met on 7th, 8th, and 9th October 2020 in its first meeting and the 25th under the monetary policy framework that was instituted in June 2016. “The MPC […]...
Fema / RBI - Suyash Choudhary, Head – Fixed Income, IDFC AMC The monetary policy committee (MPC), reflecting the sign of times, had yet another out of policy meeting and delivered a 40 bps repo rate cut with commensurate changes to the rest of the rates in the corridor. In its assessment, the committee noted the further deterioration in […]...
Fema / RBI - RBI governor vide Press Conference dated 27.03.2020 has discussed about various relaxation due to COVID 19. 1. Targeted Long Term Repos Operations (TLTROs): Reserve Bank will conduct auctions of targeted term repos of up to three years tenor of appropriate sizes for a total amount of up to ₹ 1,00,000 crore at a floating rate […]...
Fema / RBI - Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the marginal standing facility (MSF) rate by 75 basis points from 10.25 per cent to 9.5 per cent with immediate effect; reduce the minimum daily maintenance of the cash reserve ratio (CRR) [&hel...
Fema / RBI - Based on an assessment of the current and prospective macroeconomic situation, we have decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.5 per cent to 7.25 per cent....
Fema / RBI - Reduce the repo rate under the liquidity adjustment facility (LAF) by 50 basis points from 8.5 per cent to 8.0 per cent with immediate effect. The reverse repo rate under the LAF, determined with a spread of 100 basis points below the repo rate, stands adjusted to 7.0 per cent with immediate effect....
Fema / RBI - On the basis of the current macroeconomic assessment, it has been decided to: keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.75 per cent of their net demand and time liabilities; and keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.5 per cent. Consequently, the reverse repo r...
Fema / RBI - The Reserve Bank of India (RBI), has kept policy rates unchanged in its Mid Quarter Review of Monetary Policy announced today. The repo rate (the rate at which RBI lends money to banks) remains unchanged at 8.5%. The Reverse Repo Rate (rate at which RBI borrows money from banks) also will remain unchanged at 7.5% and the Marginal Standing...
Press Release: 2023-2024/1053, Press Release: 2023-2024/1052, Press Release: 2023-2024/1051 - (06/10/2023) - Explore Reserve Bank of India's latest policy measures in regulation, payments systems, and consumer protection. Analyze monetary policy statement for 2023-24....
Press Release: 2023-2024/723, Press Release: 2023-2024/724, Press Release: 2023-2024/725 - (10/08/2023) - Read about the RBI's August 2023 monetary policy decisions. The repo rate remains steady, with a focus on aligning inflation to the target while supporting growth....
Press Release No. 2023-2024/366, Press Release No. 2023-2024/364, Press Release No. 2023-2024/365 - (08/06/2023) - Read the monetary policy statement and resolution of the Monetary Policy Committee (MPC) for June 2023. The MPC decided to maintain the policy repo rate at 6.50% and focus on withdrawing accommodation to align inflation with the target while supporting growth. Get insights into the global and domest...
Press Release: 2023-2024/21, 22 and 23 - (06/04/2023) - RBI decided unanimously to keep policy repo rate unchanged at 6.50 per cent in this meeting with readiness to act, should situation so warrant....
Press Release: 2022-2023/1681, Press Release: 2022-2023/1680, Press Release: 2022-2023/1679 - (08/02/2023) - An enhancement has recently been made to provide UPI access to non-resident Indians who have international mobile numbers linked to their NRE / NRO accounts. It is now proposed to permit all inbound travellers to India also to access UPI for their merchant payments (P2M) while they are in the countr...
Press Release: 2023-2024/1053, Press Release: 2023-2024/1052, Press Release: 2023-2024/1051 - 06/10/2023
Press Release: 2023-2024/723, Press Release: 2023-2024/724, Press Release: 2023-2024/725 - 10/08/2023
Press Release No. 2023-2024/366, Press Release No. 2023-2024/364, Press Release No. 2023-2024/365 - 08/06/2023
Press Release: 2023-2024/21, 22 and 23 - 06/04/2023
Press Release: 2022-2023/1681, Press Release: 2022-2023/1680, Press Release: 2022-2023/1679 - 08/02/2023
RBI/2022-23/175, RBI/2022-23/174, RBI/2022-23/173 - 08/02/2023
Notification No. RBI/2022-23/149 REF.No.MPD.BC.396/07.01.279/2022-23, RBI/2022-23/147 FMOD.MAOG.No.148/01.01.001/2022-23 Notification No. RBI/2022-23/148 DOR.RET.REC.88/12.01.001/2022-23 - 07/12/2022
RBI/2022-23/123 DOR.RET.REC.70/12.01.001/2022-23, RBI/2022-2023/120 FMOD.MAOG.No.147/01.01.001/2022-23, RBI/2022-23/121 REF.No.MPD.BC.395/07.01.279/2022-23 - 30/09/2022