TNPSC Thervupettagam

6th Bi-monthly monetary policy of RBI

February 7 , 2020 1786 days 1249 0
  • Reserve Bank of India (RBI) announced its 6th Bi-Monthly Monetary Policy Rates for 2020-21 in Mumbai, Maharashtra.
  • This policy review meeting of the Monetary Policy Committee (MPC) was headed by RBI Governor Shaktikanta Das.

Policy Rates under Liquidity Adjustment Facility (LAF)

Value

Repo Rate          

5.15%

Reverse Repo Rate         

4.90%

Marginal standing facility (MSF) Rate    

5.40%

Bank Rate          

5.40%

Reserve Ratios

Cash reserve Ratio (CRR)             

4%

Statutory Liquidity Ratio (SLR)  

18.25%

GDP Prediction for 2020-21

6 % (from 5 % in FY20)

CPI Inflation-   H1:2020-21           

5.4-5.0 %

 

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