Tag: RBI

RBI’s Monetary Policy – Status Quo

RBI's Monetary Policy
The Reserve Bank of India’s Monetary Policy Statement for 2016-17 was released on February 8, 2017. This is the sixth bi-monthly monetary policy released by the RBI for the year 2016-17. The policy repo rate under the Liquidity Adjustment Facility has been kept unchanged at 6.25%.  As a result,...

RBI Assistant Recruitment 2016

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The Reserve Bank of India (RBI) on November 7, 2016 invited applications to recruit eligible applicants for 610 assistant positions across the country. Applications will be accepted till November 28, 2016. IMS – Team BGE are here to detail each and every trait of RBI Assistant recruitment 2016 which...

RBI launches Sachet to curb defrauds

The Sachet website
The Reserve Bank of India on August 5, 2016 launched a website called “Sachet”. The website will help people obtain information about entities allowed to collect deposits, lodge complaints and also share information regarding illegal acceptance of deposits by unscrupulous entities. The government has taken this step to curb illegal...