Reserve Bank of India (RBI) has published its Second Bi- monthly Monetary Policy Rates in Mumbai on June 7th, 2017. The Second Bi-monthly policy has been released based on the assessment of the Monetary Policy Committee of the Reserve Bank of India (RBI).
Present Member’s of the Monetary Policy committee:
Main Highlights of Second Bi – Monthly Monetary Policy:
Present Current Rates are given as below:
Current Rates | Remarks | |
Policy Rates | ||
Policy Repo Rate | 6.25% | Unchanged |
Reverse Repo Rate | 6.00% | Unchanged |
Marginal Standing Facility Rate (MSF) | 6.50% | Unchanged |
Bank Rate | 6.50% | Unchanged |
Reserve Ratios | ||
Cash Reserve Ratio (CRR) | 4% | Unchanged |
Statutory Liquidity Ratio (SLR) | 20.00% | Changed. Reduced 0.50% from earlier 20.50%. |
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