Press Releases - Monetary Policy - RBI - Reserve Bank of India
Press Releases
Jun 18, 2020
Money Supply for the fortnight ended June 05, 2020
The Reserve Bank has today released data on Money Supply for the fortnight ended June 05, 2020. Ajit Prasad Director Press Release: 2019-2020/2515
The Reserve Bank has today released data on Money Supply for the fortnight ended June 05, 2020. Ajit Prasad Director Press Release: 2019-2020/2515
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Jun 17, 2020
Reserve Money for the week ended June 12, 2020
The Reserve Bank has today released data on Reserve Money for the week ended June 12, 2020. Ajit Prasad Director Press Release: 2019-2020/2509
The Reserve Bank has today released data on Reserve Money for the week ended June 12, 2020. Ajit Prasad Director Press Release: 2019-2020/2509
Jun 10, 2020
Reserve Money for the week ended June 05, 2020
The Reserve Bank has today released data on Reserve Money for the week ended June 05, 2020. Ajit Prasad Director Press Release: 2019-2020/2477
The Reserve Bank has today released data on Reserve Money for the week ended June 05, 2020. Ajit Prasad Director Press Release: 2019-2020/2477
Jun 05, 2020
Minutes of the Monetary Policy Committee Meeting May 20 to 22, 2020
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The twenty third meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held from May 20 to 22, 2020; the meeting was originally scheduled from June 3 to 5, 2020, but was advanced to May 20-22 in view of the ongoing COVID-19 pandemic. 2. The meeting was attended by all the members – Dr. Chetan Ghate, Professor, Indian Statistical Institute; D
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The twenty third meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held from May 20 to 22, 2020; the meeting was originally scheduled from June 3 to 5, 2020, but was advanced to May 20-22 in view of the ongoing COVID-19 pandemic. 2. The meeting was attended by all the members – Dr. Chetan Ghate, Professor, Indian Statistical Institute; D
Jun 03, 2020
Reserve Money for the week ended May 29, 2020 and Money Supply for the fortnight ended May 22, 2020
The Reserve Bank has today released data on Reserve Money for the week ended May 29, 2020 and Money Supply for the fortnight ended May 22, 2020. Ajit Prasad Director Press Release: 2019-2020/2445
The Reserve Bank has today released data on Reserve Money for the week ended May 29, 2020 and Money Supply for the fortnight ended May 22, 2020. Ajit Prasad Director Press Release: 2019-2020/2445
May 29, 2020
Sectoral Deployment of Bank Credit - April 2020
Data on sectoral deployment of bank credit collected from select 33 scheduled commercial banks, accounting for about 90 per cent of the total non-food credit deployed by all scheduled commercial banks, for the month of April 2020 are set out in Statements I and II. Highlights of the sectoral deployment of bank credit are given below: On a year-on-year (y-o-y) basis, non-food bank credit growth decelerated to 7.3 per cent in April 2020 from 11.9 per cent in April 2019.
Data on sectoral deployment of bank credit collected from select 33 scheduled commercial banks, accounting for about 90 per cent of the total non-food credit deployed by all scheduled commercial banks, for the month of April 2020 are set out in Statements I and II. Highlights of the sectoral deployment of bank credit are given below: On a year-on-year (y-o-y) basis, non-food bank credit growth decelerated to 7.3 per cent in April 2020 from 11.9 per cent in April 2019.
May 27, 2020
Reserve Money for the week ended May 22, 2020
The Reserve Bank has today released data on Reserve Money for the week ended May 22, 2020. Ajit Prasad Director Press Release : 2019-2020/2407
The Reserve Bank has today released data on Reserve Money for the week ended May 22, 2020. Ajit Prasad Director Press Release : 2019-2020/2407
May 22, 2020
Statement on Developmental and Regulatory Policies
This Statement sets out various developmental and regulatory policy measures to improve the functioning of markets and market participants; measures to support exports and imports; efforts to further ease financial stress caused by COVID-19 disruptions by providing relief on debt servicing and improving access to working capital; and steps to ease financial constraints faced by state governments. I. Measures to Improve the Functioning of Markets These measures are int
This Statement sets out various developmental and regulatory policy measures to improve the functioning of markets and market participants; measures to support exports and imports; efforts to further ease financial stress caused by COVID-19 disruptions by providing relief on debt servicing and improving access to working capital; and steps to ease financial constraints faced by state governments. I. Measures to Improve the Functioning of Markets These measures are int
May 22, 2020
Monetary Policy Statement, 2020-21: Resolution of the Monetary Policy Committee (MPC) May 20 to 22, 2020
On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (May 22, 2020) decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 40 bps to 4.0 per cent from 4.40 per cent with immediate effect; accordingly, the marginal standing facility (MSF) rate and the Bank Rate stand reduced to 4.25 per cent from 4.65 per cent; and the reverse repo rate under the LAF
On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (May 22, 2020) decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 40 bps to 4.0 per cent from 4.40 per cent with immediate effect; accordingly, the marginal standing facility (MSF) rate and the Bank Rate stand reduced to 4.25 per cent from 4.65 per cent; and the reverse repo rate under the LAF
May 20, 2020
Reserve Money for the week ended May 15, 2020 and Money Supply for the fortnight ended May 08, 2020
The Reserve Bank has today released data on Reserve Money for the week ended May 15, 2020 and Money Supply for the fortnight ended May 08, 2020. Ajit Prasad Director Press Release : 2019-2020/2383
The Reserve Bank has today released data on Reserve Money for the week ended May 15, 2020 and Money Supply for the fortnight ended May 08, 2020. Ajit Prasad Director Press Release : 2019-2020/2383
May 13, 2020
Reserve Money for the fortnight ended May 08, 2020
The Reserve Bank has today released data on Reserve Money for the fortnight ended May 08, 2020. Ajit Prasad Director Press Release: 2019-2020/2355
The Reserve Bank has today released data on Reserve Money for the fortnight ended May 08, 2020. Ajit Prasad Director Press Release: 2019-2020/2355
May 06, 2020
Reserve Money for the week ended May 01, 2020 and Money Supply for the fortnight ended April 24, 2020
The Reserve Bank has today released data on Reserve Money for the week ended May 01, 2020 and Money Supply for the fortnight ended April 24, 2020. Ajit Prasad Director Press Release : 2019-2020/2327
The Reserve Bank has today released data on Reserve Money for the week ended May 01, 2020 and Money Supply for the fortnight ended April 24, 2020. Ajit Prasad Director Press Release : 2019-2020/2327
Apr 30, 2020
Sectoral Deployment of Bank Credit - March 2020
Data on sectoral deployment of bank credit collected from select 39 scheduled commercial banks, accounting for about 90 per cent of the total non-food credit deployed by all scheduled commercial banks, for the month of March 2020 are set out in Statements I and II. Highlights of the sectoral deployment of bank credit are given below: On a year-on-year (y-o-y) basis, non-food bank credit growth decelerated to 6.7 per cent in March 2020 from 12.3 per cent in March 2019.
Data on sectoral deployment of bank credit collected from select 39 scheduled commercial banks, accounting for about 90 per cent of the total non-food credit deployed by all scheduled commercial banks, for the month of March 2020 are set out in Statements I and II. Highlights of the sectoral deployment of bank credit are given below: On a year-on-year (y-o-y) basis, non-food bank credit growth decelerated to 6.7 per cent in March 2020 from 12.3 per cent in March 2019.
Apr 29, 2020
Reserve Money for the week ended April 24, 2020
The Reserve Bank has today released data on Reserve Money for the week ended April 24, 2020. Ajit Prasad Director Press Release : 2019-2020/2290
The Reserve Bank has today released data on Reserve Money for the week ended April 24, 2020. Ajit Prasad Director Press Release : 2019-2020/2290
Apr 23, 2020
Money Supply for the fortnight ended April 10, 2020
The Reserve Bank has today released data on Money Supply for the fortnight ended April 10, 2020. Ajit Prasad Director Press Release: 2019-2020/2261
The Reserve Bank has today released data on Money Supply for the fortnight ended April 10, 2020. Ajit Prasad Director Press Release: 2019-2020/2261
Apr 22, 2020
Reserve Money for the week ended April 17, 2020
The Reserve Bank has today released data on Reserve Money for the week ended April 17, 2020. Ajit Prasad Director Press Release: 2019-2020/2257
The Reserve Bank has today released data on Reserve Money for the week ended April 17, 2020. Ajit Prasad Director Press Release: 2019-2020/2257
Apr 20, 2020
Meeting Schedule of the Monetary Policy Committee for 2020-2021
As per Section 45ZI (1) and (2) of Reserve Bank of India Act, 1934, the Reserve Bank is required to organise at least four meetings of the Monetary Policy Committee in a year and the meeting schedule of the Monetary Policy Committee for a year shall be published at least one week before the first meeting in that year. Accordingly, it has been decided that the Monetary Policy Committee will meet during 2020-21 on the dates as indicated below: Dates of meetings of the M
As per Section 45ZI (1) and (2) of Reserve Bank of India Act, 1934, the Reserve Bank is required to organise at least four meetings of the Monetary Policy Committee in a year and the meeting schedule of the Monetary Policy Committee for a year shall be published at least one week before the first meeting in that year. Accordingly, it has been decided that the Monetary Policy Committee will meet during 2020-21 on the dates as indicated below: Dates of meetings of the M
Apr 13, 2020
Minutes of the Monetary Policy Committee Meeting March 24, 26 and 27, 2020
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The twenty second meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held during March 24, 26 and 27, 2020 at the Reserve Bank of India, Mumbai; the meeting was originally scheduled for March 31, April 1 and 3, 2020, but was advanced in view of the COVID-19 pandemic. 2. The meeting was attended by all the members – Dr. Chetan Ghate, Profe
[Under Section 45ZL of the Reserve Bank of India Act, 1934] The twenty second meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held during March 24, 26 and 27, 2020 at the Reserve Bank of India, Mumbai; the meeting was originally scheduled for March 31, April 1 and 3, 2020, but was advanced in view of the COVID-19 pandemic. 2. The meeting was attended by all the members – Dr. Chetan Ghate, Profe
Apr 03, 2020
Result of 3-year Targeted Long Term Repo Operation (TLTRO), April 3, 2020
Today, the Reserve Bank conducted the second Targeted Long Term Repo Operation (TLTRO) for a notified amount of ₹ 25,000 crores with a 3-year tenor in pursuance of the TLTROs announced vide press release dated March 30, 2020. 2. The total bids that were received amounted to ₹ 99,760 crores, implying a bid to cover ratio (i.e., the amount of bids received relative to the notified amount) of 3.99. 3. Allotment was done for all bids on a pro-rata basis as given below: Te
Today, the Reserve Bank conducted the second Targeted Long Term Repo Operation (TLTRO) for a notified amount of ₹ 25,000 crores with a 3-year tenor in pursuance of the TLTROs announced vide press release dated March 30, 2020. 2. The total bids that were received amounted to ₹ 99,760 crores, implying a bid to cover ratio (i.e., the amount of bids received relative to the notified amount) of 3.99. 3. Allotment was done for all bids on a pro-rata basis as given below: Te
Mar 31, 2020
Result of the 3-day Variable Rate Repo auction held on March 31, 2020
Tenor 3-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) Nil Amount allotted (in ₹ crore) Nil Cut off Rate (%) NA Weighted Average Rate (%) NA Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Director Press Release : 2019-2020/2151
Tenor 3-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) Nil Amount allotted (in ₹ crore) Nil Cut off Rate (%) NA Weighted Average Rate (%) NA Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Director Press Release : 2019-2020/2151
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Page Last Updated on: July 19, 2024
