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Showing posts with label rbi. Show all posts
Showing posts with label rbi. Show all posts

Friday, May 22, 2020

Reserve Bank of India’s Monetary Policy Statement for 2020-21

18:02
Repo rate has been reduced to 4.40%. Check the complete details of Monetary Policy Statement 2020-21. RBI has released monetary policy today.




In view of the COVID-19 pandemic, the Reserve Bank of India’s Monetary Policy Committee (MPC) decided to advance the Bi-monthly Monetary Policy meet which was scheduled to be held on 03rd June 2020 and the announcement was meant to be made on 05th June 2020. The meeting was advanced to 20th, 21st and 22nd May 2020. During the Monetary Policy meet, the MPC analysed the current & evolving macroeconomic and financial conditions and has decided to take a accommodative stance and hence reduced the policy repo rate to revive growth as well as to mitigate the impact of COVID-19. With its decisions, MPC aims to keep inflation within the target and hence to preserve financial stability.

The key decisions taken in the Monetary Policy Committee meeting are:
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Thursday, December 20, 2018

RESERVE BANK OF INDIA – LATERAL RECRUITMENT OF OFFICERS IN GRADE ‘C’ ON CONTRACT BASIS – 2018

08:20






Click here to Download Official Notification
Click here to Apply Online



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