Third Bi-monthly Monetary Policy Statement 2015-16

Published on Wednesday, August 05, 2015
Considering the current economic conditions, RBI decided to keep the key policy rate unchanged. First statement made by RBI Governor was Inflation rate has increased in Protein rich food items in last few months. World Economy was unstable during last few months due to Greek crises and Chines stock market crash.
Third Bi-monthly Monetary Policy Statement
Strong rainfall led to high resorvior levels. Which will lead to good kharif output

S. No Rates / Reserve Ratios % Effective from
1 Bank Rate 8.25 % 04-06-2015
2 Repo Rate 7.25 % 02-06-2015
3 Reverse Repo Rate 6.25% 02-06-2015
4 Cash Reserve Ratio (CRR) 4.00% 09-02-2015
5 Statutory Liquidity Ratio (SLR) 21.50% 03-02-2015
6 Marginal Standing Facility (MSF) 8.25 % 02-06-2015

Must watch yesterday's Press Conference

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