2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
19th May 2018, 01:59 PM
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Re: RBI Repo Rate Graph

I am doing MBA final year degree from Bangalore university and searching for some details about Reserve Bank of India (RBI). Will you provide basic details about Reserve Bank of India (RBI) Repo Rate Graph also provide details about RBI latest interest rate changes?
  #3  
19th May 2018, 02:01 PM
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Join Date: Aug 2012
Re: RBI Repo Rate Graph

The Reserve Bank of India (RBI) is the Indian central bank. The RBIs most important goal is to maintain monetary stability - moderate and stable inflation - in India

Please find the image for RBI Repo Rate Graph:




Other important tasks of the Reserve Bank of India are:

to maintain the populations confidence in the system, to safeguard the interests of those who have entrusted their money and to supply cost-effective banking systems to the population;
to manage foreign currency controls: facilitating exports, imports and international payment traffic and developing and maintaining the trade in foreign currencies in India;
issuing money (the rupee) and adequately ensuring a high quality money supply;
providing loans to commercial banks in order to maintain or grow the Gross National Product (GNP);
acting as the governments banker;
acting as the banks banker.

RBI latest interest rate changes

change date percentage
august 02 2017 6.000 %
october 04 2016 6.250 %
april 05 2016 6.500 %
september 29 2015 6.750 %
june 02 2015 7.250 %
march 04 2015 7.500 %
january 15 2015 7.750 %
january 28 2014 8.000 %
october 29 2013 7.750 %
september 20 2013 7.500 %


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