<

Tag Archives: RBI

15th Finance Commission meets Reserve Bank of India

15th Finance Commission

The 15th Finance Commission headed by Chairman, Shri N K Singh today held a detailed meeting with the Governor and Deputy Governors of RBI in Mumbai today. Key issues raised by RBI Governor, Shri Shaktikanta Das and Finance Commission Chairman, Shri N.K. Singh were discussed in detail at the meeting. These issues  included the following:–

· The necessity of… Read More

Kapal Kumar Vohra appointed Technical Member- NCLT

NCLT

Shri Kapal Kumar Vohra Retired Executive Director, RBI, has been appointed as Technical Member in the National Company Law Tribunal (NCLT) for a period of three years from the date of assumption of charge of the post .

Indian Bureaucracy Dot Com wishes Shri Kapal Kumar Vohra  the very best.… Read More

Patibandia Satyanarayana Prasad appointed Judicial Member- NCLT

Patibandia Satyanarayana Prasad Legal Advisor, RBI 

Shri Patibandia Satyanarayana Prasad presently Legal Advisor, RBI has been appointed to the posts of Judicial Member in the National Company Law Tribunal (NCLT) for a period of three years from the date of assumption of charge of the post .

Indian Bureaucracy Dot Com wishes Shri Patibandia Satyanarayana Prasad the very best.… Read More

14 Judicial Members appointed at National Company Law Tribunal

14 Judicial Members at National Company Law Tribunal ( NCLT)

Bureaucracy India NCLT Appointments News | 14 Judicial Members have been appointed for the National Company Law Tribunal for a term of three years by the Selection Committee, the Appointments Committee of the Union Cabinet. These include Justice Rajesh Dayal Khare  -Retired Judge of Allahabad  High Court, Justice Venugopal M presently Judge with Madras… Read More

FICCI welcomes RBI’s decision to keep the repo rate unchanged

Reserve Bank of India

Commenting on the release of fourth bi-monthly monetary policy statement today, Mr Rashesh Shah, President FICCI said, “FICCI welcomes RBI’s decision to keep the repo rate unchanged. This move sends positive signal to the industry and is expected to maintain the momentum in investments seen lately. This was especially important in the wakeRead More

RBI keeps policy rates unchanged

RBI

The Reserve Bank opted for a surprising status quo at the bi-monthly review Friday on expectations of softening price rise, but changed the policy stance to “calibrated tightening” from “neutral”. A majority of the analysts and bankers were expecting the six-member Monetary Policy Committee to go at least for a 0.25 per cent hike… Read More

Highlights of RBI monetary policy

Reserve Bank of India

The following are the highlights of the fourth bi-monthly monetary statement for 2018-19:

* RBI keeps key lending rate (repo) unchanged at 6.5 pc * Reverse repo rate stands at 6.25 pc, bank rate at 6.75 pc, CRR at 4 pc * Projects retail inflation to rise to 3.8-4.5 pc in October-March * Retains GDP growth estimate at 7.4 pc for current fiscal * Global economic activity… Read More

RBI to link base rate with MCLR

Reserve Bank of India

The Reserve Bank of India has said that it will link the base rate with the MCLR from 1st of April this year to ensure expeditious transmission of its policy rate to borrowers. In a statement, RBI said, though it had introduced the Marginal Cost of Funds based Lending Rates (MCLR) system with effect from 1st April 2016, the Central bank observed that a large proportion… Read More

RBI highlights of the 6th bi-monthly

Reserve Bank of India

monetary policy statement:

* Key lending rate (repo) unchanged at 6 pc;

* Reverse repo rate remains at 5.75 pc and marginal standing facility (MSF) rate and Bank Rate at 6.25 pc;

* Monetary policy’s stance neutral;

* Petrol and diesel prices rose sharply in Jan, reflecting lagged pass-through of past increases in global crude prices;

* Retail inflation… Read More

RBI Monetary Policy Committee meeting begins in Mumbai

Reserve Bank of India

Reserve Bank of India’s Monetary Policy Committee (MPC) meeting will begin today in Mumbai. The six-member MPC headed by RBI Governor Urijit Patel will meet for the Sixth Bi-monthly Monetary Policy Statement for 2017-18.

RBI may keep policy rates on hold this week. It may toughen its warning against inflation, lying on the ground for a hike in 2018 after prices… Read More