mahendras

Subscribe Mahendras Youtube Channel | Join Mahendras Telegram Channel | Like Mahendras Facebook Page | Online Admission | Download Mahendras App

Now Subscribe for Free videos

Subscribe Now

RBI Fifth Bi -monthly Monetary Policy 2017-18

Unknown
RBI Fifth Bi Monthly Monetary Policy 2017
Dear Aspirants,

The Reserve Bank Of India has released its Fifth Bi-monthly Monetary Policy Statement, 2017-18.

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting, the Monetary Policy Committee (MPC) decided to:

  • keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.0 percent. 

Consequently, the reverse repo rate under the LAF remains at 5.75 percent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.25 percent. The decision of the MPC is consistent with a neutral stance of monetary policy in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 percent within a band of +/- 2 percent while supporting growth.

For More Information Click Here

Copyright © 2023 www.mahendraguru.com All Right Reserved by Mahendra Educational Pvt . Ltd.