Why in news? The recent decision by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) to maintain the repo rate at 6.5% has garnered attention amid evolving economic dynamics. Factors Influencing Reserve Bank of india Decision: Economic Outlook: Despite facing challenges in specific sectors, the overall economic outlook remains positive. Robust … Read more
Why in news? As the Reserve Bank of India (RBI) marks its 90th anniversary, it’s an opportune moment to reflect on its illustrious journey, characterized by remarkable achievements, pivotal reforms, and enduring challenges. Since its establishment on April 1, 1935, the RBI has played a crucial role in shaping India’s economic landscape, overseeing monetary stability, … Read more
Why in news? In the realm of finance, few concepts stir as much curiosity and debate as bond yields. Recently, the news has been abuzz with reports of record-breaking mobilization of funds through the auction of State Development Loan (SDL) Bonds by State governments. What are Bonds? Imagine you lend money to a friend and … Read more