Mains > Economic Development > Indian Economy and issues > Monetary policy
IN NEWS: A Constitution Bench of the Supreme Court upheld by a 4:1 majority the decision taken by the central government in 2016 to demonetise currency notes of Rs 500 and Rs 1,000 denominations. BACKGROUND: ...
Preliminary > Economic Development > Indian Economy and Issues > Monetary policy
Why in news? Recently, Delhi CM asked the central government to put pictures of Goddess Lakshmi and Lord Ganesh on currency notes in order to bring “prosperity” to the country. About Design and Iss...
Preliminary > Economic Development > Indian Economy and Issues > Monetary policy
Why in news? RBI is in the process of implementing the CBDC in a phased manner for wholesale and retail segments. About Central Bank Digital Currency: A Central Bank Digital Currency (CBDC), or national ...
Preliminary > Economic Development > Indian Economy and Issues > Monetary policy
Why in news? While retaining the reverse repo rate at 3.35 per cent, the Reserve Bank of India (RBI) on Friday (April 8) introduced the Standing Deposit Facility (SDF), an additional tool for absorbing liquidity, a...
Preliminary > Economic Development > Indian Economy and Issues > Monetary policy
Why in news? The Reserve Bank of India (RBI) on 9th March 2022 conducted a USD 5 billion dollar-rupee swap auction as part of its liquidity management initiative, leading to infusion of dollars and sucking out of t...
Preliminary > Economic Development > Indian Economy and Issues > Monetary policy
Why in news? In a recent report, State Bank of India has stated that it believes the stage is set for a Reverse Repo Normalisation in India. The Repurchase agreement (Repo) and the Reverse repo agreement are two ...
Preliminary > Economic Development > Indian Economy and Issues > Monetary policy
Why in news? The Reserve Bank of India (RBI) said it was halting its bond buying under the G-Sec Acquisition Programme (GSAP) for now, stressing that the measure had succeeded in ensuring adequate liquidity and sta...
Preliminary > Economic Development > Indian Economy and Issues > Monetary policy
IN NEWS: Due to slowdown in the economy, the Telangana Government has asked the Reserve Bank of India to go for ‘helicopter money’ and ‘quantitative easing’ to boost economy. HELICOPTE...
Preliminary > Economic Development > Indian Economy and Issues > Monetary policy
In news: RBI raises borrowing limit to 3% of SLR under Marginal Standing Facility. Under the marginal standing facility (MSF), banks can borrow overnight at their discretion by dipping up to 2% into the Statutory L...
Preliminary > Economic Development > Indian Economy and Issues > Monetary policy
Why in News? The RBI Governor recently stated that the apex bank has several armoury of weapons and it will not hesitate to deploy them. Two of the measures suggested by the governor are Forex Swap and LTRO (Long T...