RBI’s Bi-monthly Review dt. 7th December 2022 – Key Takeaways and Highlights of the Policy

The Monetary Policy Committee (MPC) met on 5th, 6th and 7th December 2022. Based on an assessment of the macroeconomic situation and its outlook, the MPC decided by a majority of 5 members out of 6 to increase the policy repo rate by 35 basis points to 6.25 per cent, with immediate effect. Consequently, the standing deposit facility (SDF) rate stands adjusted to 6.00 per cent, and the marginal standing facility (MSF) rate and the Bank Rate to 6.50 per cent. The MPC also decided by a majority of 4 out of 6 members to remain focused on withdrawal of accommodation to ensure that inflation remains within the target going forward, while supporting growth.

RBI MPC Meet 30th September 2022 – Key Highlights: Policy rates hiked for 4th straight time, growth projections lowered

RBI Monetary Policy key highlights: Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) today raised the policy rate by 50 basis points, to further rein in inflation. The fourth consecutive rate hike in a row comes amid rising fears of global recession, surging inflation, and a slump in Indian rupee and bond markets. The central bank is trying hard to maintain a tight balance between controlling inflation on one hand and support the nascent economic growth recovery on the other hand.

RBI Bi-Monthly Monetary Policy 5th August 2022 – Highlights & Key Takeaways

The Reserve Bank of India on Friday hiked the repo rate by 50 bps, taking the key policy rate back to the pre-pandemic level of 5.4 per cent. Today’s hike was the third such in a row, with which the cumulative rate hike since May is now 140 bps. The central bank’s MPC (Monetary Policy Committee) said that it remains focused on “withdrawal of accommodation” to combat the elevated inflationary pressures while also supporting growth.
“These decisions are in consonance with the objective of achieving the medium term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth,” Governor Shaktikanta Das said.
Sustained high inflation could de-stabilise inflation expectations and harm growth in the medium term, he added.

Finance Minister Smt. Nirmala Sitharaman launches EASE 5.0 ‘Common reforms agenda’ for PSBs

EASE 5.0 ‘Common reforms agenda’ of EASENext program has been developed for Public Sector Banks and was launched through video-conferencing by the Minister of Finance and Corporate Affairs, Nirmala Sitharaman in New Delhi on Wednesday.

RBI’s Bi-Monthly Monetary Policy 8th April 2022 – Key Takeaways and Highlights

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday left unchanged the key policy rate — Repo rate — at 4 per cent and the Reverse repo rate at 3.35 per cent.
However, the RBI introduced the Standing Deposit Facility (SDF) – an additional tool for absorbing liquidity – at an interest rate of 3.75 per cent. The central bank retained its accommodative policy stance but hinted that it will be less accommodative in the wake of elevated inflation levels.

Reserve Bank of India launches (a) UPI for Feature Phones (UPI123pay) and (b) 24×7 Helpline for Digital Payments (DigiSaathi)

RBI launches UPI for 400 mn feature phone users to widen digital payment reach. (1) UPI123Pay – Option to make Unified Payments Interface (UPI) payments for feature phone users, and (2) DigiSaathi – a 24×7 Helpline to address the queries of digital payment users across products.

FEEDBACK OF RRB PO, SBI PO & IBPS PO INTERVIEW Nov 2021- 2022

We give here the feedback of participants who have appeared for interview in their RRB PO, IBPS PO & SBI PO between November 2021 to March 2022. These feedback will help the freshers who are appearing for interview during current year and for those also who will appear for interview in future. This will give an idea of what type of questions are being asked and where one should focus upon. Please make best use of same for improving your interview preparation.

Reserve Bank of India (Credit Derivatives) Directions, 2022 – Credit Default Swaps (CDS)

In the Statement on Developmental and Regulatory Policies announced as a part of the Bi-monthly Monetary Policy Statement for 2021-22 dated February 10, 2022, regarding review of the Credit Default Swaps (CDS) Guidelines. The draft Reserve Bank of India (Credit Derivatives) Directions, 2021 were released for public comments on February 16, 2021. Based on the feedback received from the market participants, the draft Directions were reviewed and have since been finalised. The Master Direction – Reserve Bank of India (Credit Derivatives) Directions, 2022 are enclosed herewith.

Bank Promotions – 2022 – Interview Tips and Latest Developments in Financial Sector

These days different Banks are conducting Internal Bank Promotion Examination followed by GD and Mock Interview. We have compiled different data and information from RBI and IIBF Vision and news papers and tried to compile the best contents which will be helpful in Banking Interview and examination.

Statement on Developmental and Regulatory Policies

Statement on Developmental and Regulatory Policies sets out various developmental and regulatory policy measures relating to (i) liquidity measures; (ii) financial markets; (iii) payment and settlement systems and (iv) regulation and supervision.