RBI Documents

Sixth Bi-monthly Monetary Policy Statement, 2016-17 by Dr. Urjit Patel

India Infoline News Service / 15:24, Feb 08, 2017

The decision of the MPC is consistent with a neutral stance of monetary policy in consonance with the objective of achieving consumer price index (CPI) inflation at 5% by Q4 of 2016-17 and the medium-term target of 4% within a band of +/- 2%, while supporting growth. The main considerations underlying the decision are set out in the statement below.

Latest RBI Videos

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
Fourth Bi-Monthly Monetary Policy Press Conference 2016-2017, Tuesday October 04, 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.