Following are the key highlights of the central bank’s September 2022 Monetary Policy Statement unveiled by Governor Shaktikanta Das. POLICY ACTION:• MPC vote unanimously to increase the repo rate by 50 basis points to 5.90%• MPC vote unanimously to remain focused on the withdrawal of… Read More »RBI MONETARY POLICY SEPTEMBER 2022
The RBI recently by its circular re-introduced the use of Derivatives as a financial instrument for hedging currency and interest rate risks after it was banned in 2013. Derivatives and structured products were in use, or rather liberally used till before that before the sub-prime… Read More »Re-introduction of Derivatives in India
The Monetary Policy Committee voted unanimously to keep Reserve Bank of India’s key lending rate – the repo – unchanged at 4% while voting 5 to 1 majority to continue with the ‘accommodative’ stance as long as necessary to revive growth till the impact of… Read More »RBI Monetary Policy Update – November 2021
RBI Moneytary Policy Update – October 2021