Tag Archives: repo rate

RBI monetary policy: MPC likely to cut repo rate – The Times of India

RBI monetary policy: MPC likely to cut repo rate – The Times of India

MUMBAI: RBI’s monetary policy committee began its meeting on Wed and is expected to end its longest pause with a rate cut on Friday, the first in nearly five years.The last rate cut was in May 2020 when RBI lowered the repo rate to 4% to support the economy during the Covid-induced lockdown. It later raised rates seven times to …

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RBI should revisit its liquidity policy, rethink using CRR as a regulatory intervention tool: SBI Report – The Times of India

RBI should revisit its liquidity policy, rethink using CRR as a regulatory intervention tool: SBI Report – The Times of India

NEW DELHI: The Reserve Bank of India (RBI) might start using the cash reserve ratio (CRR) as a tool for regulatory intervention rather than for liquidity management, a report by the State Bank of India revealed.The report stressed on the need for the apex bank to revise its current liquidity management framework.At present, the RBI uses many measures to manage …

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