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Rs 1000 notes to make a come back 21 February 2017
RBI is planning to remonetise the Rs 1000 notes shortly. The Reserve Bank of India (RBI) may introduce a new series of Rs 1,000 notes, to replace the earlier notes of similar denomination. RBI has already started the production of...
Keywords: RBI Governor Urjit Patel, cash crunch, RBI Governor Urjit Patel, Reserve Bank of India (RBI)
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Shocker: RBI Governor Urjit Patel Resigns 11 December 2018
Shocker: RBI Governor Urjit Patel Resigns:- The Reserve Bank of India's Governor Urjit Patel submitted his resignation last evening citing personal reasons. With increasing tensions between the Finance Ministry and RBI, Urjit Patel submitted his resignation. The 55-year-old Urjit Patel...
Keywords: Urjit Patel, Urjit Patel resigned, Urjit Patel news, Urjit Patel latest
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RBI Keeps Repo Rate Unchanged At 6.25% In Neutral Stance Of Monetary Policy 06 April 2017
The Reserve Bank of India (RBI), has kept its benchmark lending parameter, the repo rate, unchanged at 6.25%. However, with this, the reverse repo rate has increased by 25 basis points to 6%. The RBI’s decision is in line with...
Keywords: Rate Cut, Repo Rate, Urjit Patel, Reverse Repo
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RBI Monetary Policy Announced; Urjit Patel Cuts Repo Rate By 25 Bps 04 October 2016
The new Reserve Bank of India (RBI) governor, Urjit Patel, while announcing his first monetary policy after taking the charge from Raghuram Rajan, has cut the repo rate by 26 bps, making it 6.25% from 6.5% making it low of...
Keywords: Repo Rate, Business, Raghuram Rajan, Raghuram Rajan
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