In his first monetary policy, the Reserve Bank of India (RBI) governor has emphasised ... the MPC had to do a tough balancing act. It has done so by reducing the repo rate but maintaining its ...
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is responsible for setting the nation’s key interest ...
What is the legal basis of RBI’s surplus transfer? As per Section 47 of the RBI Act, after making provision for bad or doubtful debt, depreciation in assets, contributions to staff and ...
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