rbi mpc meeting june 2022

Even as the Reserve Bank of India (RBI) has raised the inflation forecast for 2022-23 by 100 basis points (bps) to 6.7 per cent, the projection is above the central bank’s mandate of keeping the retail inflation between 2 per cent and 6 per…

The RBI has also proposed to permit rural cooperative banks to extend finance to 'commercial real estate– residential housing'.The individual housing loan limits for UBCs and RCBs were last fixed in 2011 and 2009, respectively, and have now…

RBI Repo Rate Hike News: The Reserve Bank of India (RBI) on Tuesday hiked the benchmark lending rate by 50 basis points as inflation continues to remain above its comfort level. One basis point is one-hundredth of a percentage point. …