Sixth Bi Monthly Policy Statement For Fiscal 2018 19

RBI raises collateral-free farm loan limit to Rs 1.6 lakh from Rs 1 lakh to help small and marginal farmers

The Reserve Bank of India (RBI) on Thursday raised the limit of collateral-free agricultural loans to Rs 1.6 lakh from the current Rs 1 lakh with a view to help small and marginal farmers

RBI cuts repo rate by 25 bps to 6.25%: Full text of sixth bi-monthly policy statement for fiscal 2018-19

As regards the reduction in the policy repo rate, Dr. Ravindra H. Dholakia, Dr. Pami Dua, Dr. Michael Debabrata Patra and Shri Shaktikanta Das voted in favour of the decision. Dr. Chetan Ghate and Dr. Viral V. Acharya voted to keep the policy rate unchanged

RBI monetary policy: Central bank cuts inflation forecast to 2.8% for ongoing quarter; 3.2-3.4% for first half of next fiscal

The Reserve Bank Of India Thursday revised downwards the retail inflation forecast to 2.8 percent for the last quarter of the current fiscal on account of favourable factors including benign monsoon