Reactions of Industry experts on RBI announcements
India Infoline News Service / 15:51, Oct 09, 2020
Similarly, the reverse repo rate under the LAF remains unchanged at 3.35%, while the marginal standing facility (MSF) rate and the Bank Rate at 4.25%.
RBI Monetary Policy Statement Report - October 2020
India Infoline News Service / 12:22, Oct 09, 2020
These decisions are in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth.
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Shaktikanta Das
Shaktikanta Das is a retired 1980 batch Indian Administrative Service (IAS) officer of Tamil Nadu cadre. Currently serving as the 25th governor of the Reserve Bank of India (RBI), he was earlier a member of the Fifteenth Finance Commission of India and India's Sherpa to the G20. During his career as an IAS officer, Das served in various capacities for Indian and Tamil Nadu governments, including as Economic Affairs Secretary of India, Revenue Secretary of India, Fertilizers Secretary of India.
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.
