Thu Jun 16 2022

🛑RESERVE BANK OF INDIA :-🛑 ◾️Founded : 1935 ◾️RBI Nationalised : 1st January 1949. ◾️ HQ : Mumbai, Maharashtra. ◾️RBI SET UP : Hilton-Young Commission. ◾️1st Governor : Sir Osborne Smith. ◾️1st Indian Governor : CD Deshmukh. ◾️25th Governor : Shaktikanta Das. 🌐 #UPDATED Monetary Policy Rates :- 💠 Repo Rate : 4.90% 💠 Reverse Repo Rate : 3.35% 💠 MSF : 5.15% 💠 Bank Rate : 5.15% 💠 CRR : 4.50% 💠 SLR : 18.00% 💠 SDF : 4.65% ◾️ GDP Forecast for FY23 : 7.2%. ◾️ Inflation Rate for FY 23 :- 6.7%. ♣️MPC Committee Members. ♦️Dr Shashank Bhide. ♦️ Dr Ashima Goyal. ♦️ Prof Jayant R Verma. ♦️ Dr Shaktikant Das. ♦️ Rajiv Ranjan. ♦️ Michael Debabrata Patra. 🔷 RBI raises limit of e-mandates to Rs 15000 from Rs 5000. 🔷 India's forex reserves stand at $601.1 billion. 🔷 Linking of RuPay credit cards to UPI will now be allowed. 🔷 RBI has raised housing loan limits for co-operative banks by 100%. ◾️#GDP Forecast Latest :- FY 22-23. FY23-24 ♦️World BANK. : 7.5%. 7.1% ♦️MOODY’S. : 8.8%. ♦️S&P. : 7.3% ♦️IMF. : 8.2% ♦️ADB. : 7.5% ♦️RBI. : 7.2% ♦️FITCH RATING :8.5%


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