India Infoline News Service / 19:23, Jan 03, 2017
The Reserve Bank of India will conduct an auction of 35 days Government of India Cash Management Bills under the Market Stabilisation Scheme (MSS) for a notified amount of Rs 50,000 crore tomorrow, January 04, 2017 using "Multiple Price Auction" method.
India Infoline News Service / 14:55, Dec 07, 2016
The decision of the MPC is consistent with an accommodative 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
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.
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.