RBI News

RBI surprises with reverse repo hike; Top takeaways from RBI monetary policy

India Infoline News Service / 15:29, Apr 06, 2017

The Reserve Bank of India today kept the repo rate unchanged at 6.25% and decided to hike the reverse repo rate by 0.25% to 6% from 5.75%.

RBI Documents

First Bi-Monthly Monetary Policy Statement, 2017-18 by Dr. Urjit Patel

India Infoline News Service / 14:53, Apr 06, 2017

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% within a band of +/- 2 per cent, while supporting growth.

Latest RBI Videos

First Bi-Monthly Monetary Policy Press Conference 2017-2018, Thursday, April 06, 2017
Sixth Bi-Monthly Monetary Policy Press Conference 2016-2017, Wednesday February 08, 2017
Fifth Bi-Monthly Monetary Policy Press Conference 2016-2017, Wednesday December 07, 2016
Governors of the RBI

Urjit R. Patel

Urjit R. Patel is an Indian economist, consultant and banker, currently serving as Deputy Governor of the Reserve Bank of India (RBI). As Deputy Governor of RBI, he looks after monetary policy, economic policy research, statistics and information management, deposit insurance, communication and Right to Information. On 20 August 2016, he was named as the governor of RBI.

 

It is IIFL's endeavour to keep you abreast with developments that unfold in the the Reserve Bank of India on a day-to-day basis. The information provided in this section has been sourced from RBI's official portal and gleaned for readers to enable them to have a quick glance of all that is essential.

Through this initiative, IIFL strives to provide essential details on RBI's monetary policy, repo rates, policy rates, bank rates, credit policies, interest rates, latest RBI policy announcements, RBI guidelines, and various other aspects. We will also provide readers with other insightful information such as RBI governor’s comments and sneak-peek into the history of all RBI governors and of course our research view before and after every monetary policy.
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