Page-3 of Bank rate
Reserve Bank of India (RBI)’s 3rd bi-monthly monetary policy statement for year 2016-17
According to the Reserve Bank of India (RBI)’s 3rd bi-monthly monetary policy statement for year 2016-17, the policy repo rate under the Liquidity Adjustment Facility (LAF) has reduced by 25 basis points from 6.25% to 6.0% with immediate effect. This ..
Current Monetary Policy of Reserve Bank of India: 3rd Quarter Review 2011-12
Background: The Reserve Bank began exiting from the crisis driven expansionary policy in October 2009. Between January 2010 and October 2011, the Reserve Bank cumulatively raised the cash reserve ratio (CRR) by 100 basis points and the policy rate (the ..