Flow Of Bank Credit Has Become Increasingly Broad Based

Flow Of Bank Credit Has Become Increasingly Broad Based


RBI (Reserve Bank of India) governor Urjit Patel says, Flow Of Bank Credit Has Become Increasingly Broad Based. Non-Food Bank Credit Growing Faster Than Nominal GDP.

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KEY POINTS FROM RBI :

  • Pact Between India & Japan On Currency Swap To Help Stabilize Forex.
  • Broadbased Increase In Non-Food Inflation.
  • Lower Rabi Sowing May Affect Agri Sector, Demand.
  • Crude Oil Prices Impart Downward Bias To Inflation Trajectory.
  • RBI to Issue Consolidated Norms For FX Loans, Masala Bonds Dec-End.
  • Floating Rate MSME Loans To Be Priced vs External Benchmark.
  • FDI Flows May Increase With Improving Prospects Of External Sectors.
  • RBI : MPC Unanimously Votes To Keep Repo Rate Unchanged.
  • MPC Votes 5-1 To Retain Stance At Calibrated Tightening.
  • RBI: To Cut SLR By 25 bps To Align It To LCR Requirement.
  • Announces Reduction Calendar To Bring Down SLR To 18%.

The Reserve Bank of India is India’s central banking institution, which controls the monetary policy of the Indian rupee.


Flow Of Bank Credit Has Become Increasingly Broad Based



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