About this document

RBI Monetary Policy Update February 2020 by chethan mahadev is a document available to read on EtoBox.

The Reserve Bank of India (RBI) announced its sixth bi-monthly monetary policy statement for 2019-20, keeping the repo rate unchanged at 5.15% while maintaining an accommodative stance. Key decisions included conducting new repo operations of Rs. 1 lakh crore to improve monetary policy transmission, allowing regional rural banks to act as merchant acquiring banks, and revising various inflation projections. The RBI also decided to switch its accounting year to April-March from July-June to align with the go

Author

chethan mahadev

Language

EN