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%