India Infoline News Service / 19:15, Apr 05, 2018
India’s central bank is exploring the creation of a digital currency even as it escalates a crackdown on existing instruments such as bitcoin.
India Infoline News Service / 14:47, Apr 05, 2018
The Monetary Policy Committee (MPC) decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.0%.
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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.