Balancing Growth and Inflation in India’s Economy Sub : ECO Sec : Monetary Policy Key insights from RBI Governor Shaktikanta Das on inflation, growth, and liquidity management. Inflation-Growth Dynamics: Current State: The balance between inflation and growth is currently unsettled, primarily due to higher-than-expected inflation in September and October, driven by food prices. […]
RBI Monetary Policy: CRR Cut in Focus Sub : Eco Sec :Monetary Policy The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) meeting from December 4 to 6, 2024, has sparked speculation about a possible Cash Reserve Ratio (CRR) cut. While the repo rate is expected to remain unchanged at 6.5%, a […]
Lok Sabha Passes Banking Laws (Amendment) Bill 2024 Sub : Eco Sec: Monetary Policy Key Highlights of the Bill Increased Nominee Limit: Bank account holders can now nominate up to four nominees. Substantial Interest Redefined: The limit for “substantial interest” in directorships raised from ₹5 lakh to ₹2 crore. Extended Director Tenure: Tenure […]