RBI First Bi-monthly policy review 2017

RBI First Bi-monthly Policy Review - Released Today

Effective for Upcoming Bank - IBPS - SBI PO Exams

RBI first Bi-monthly Policy Review (2017-2018)

Countries central bank RBI (Reserve Bank of India) has released its first Bi-monthly policy review for the year 2017 to 2018.  Here we have mentioned all the basic highlighted points which is essential for your upcoming Banking Exams. Those who have downloaded our “Monthly Current Affairs Inshorts – For the month of march 2017”, they are requested to Go through these updated First Bi-monthly Policy Review.

Indicators	Current Rates	Status
Repo Rate	6.25 %	(Unchanged)
Reverse Repo Rate	6 %	(Changed from 5.75%)
Bank Rate	6.5 %	(Changed from 6.75%)
Marginal standing facility (MSF)	6.50 %	(Changed from 6.75%)
Cash Reserve Ratio (CRR)	4 %	(Unchanged)
Statutory Liquidity Ratio (SLR)	20.50 %	(RBI Allows bank to bring down)
RBI Hiked GDP Growth	7.4% year	from 6.7%  from Last
Inflation Rate (First Half)	4.5%	-
Inflation Rate (Second Hald)	5%	-