Filter
Exclude
Time range
-
Near
🔥#UPSCAspirants! This is an indispensable list of the most important #EconomyTerms #RBIInitiatives #BankingRegulation #FinancialInclusion #DigitalPayments #ExternalSector #SustainableFinance for the #UPSC Civil Services #Preliminary 2024 #GeneralStudies Paper! 💯🎯✨ 1. Inflation Targeting Framework 🎯 #MonetaryPolicyFramework - RBI's flexible inflation targeting framework aims to keep inflation within the target band of 2-6%. (Source: RBI Annual Report 2022-23, 25/05/2023) - The framework was adopted in 2016 to maintain price stability and promote economic growth. 💰📈 - Inflation targeting helps anchor inflationary expectations and ensures transparency in monetary policy decision-making. 🔮📊 2. Repo Rate 📈 #KeyPolicyRate - The repo rate, the key policy rate at which RBI lends to banks, was increased from 5.15% to 6.5% between April 2023 and April 2024 to control inflation. (Source: RBI Monetary Policy Statement, 06/04/2024) - Repo rate hikes aim to curb inflationary pressures by making borrowing costlier. 💸🔐 - Changes in the repo rate impact lending and deposit rates, affecting overall economic activity. ⚖️💹 3. Liquidity Adjustment Facility (LAF) 💰 #LiquidityManagement - LAF is RBI's tool to manage liquidity in the banking system through repo and reverse repo operations. (Source: RBI Annual Report 2022-23, 25/05/2023) - It helps maintain adequate liquidity in the system and ensure smooth functioning of financial markets. 💦🏦 - LAF operations enable RBI to absorb or inject liquidity, depending on market conditions. ⚖️💰 4. Prompt Corrective Action (PCA) Framework 🛡️ #BankingRegulation - PCA framework is a supervisory tool used by RBI to monitor and discipline banks in case of deteriorating financial health. (Source: RBI Notification, 01/02/2024) - It aims to restore the financial health of distressed banks through various operational and lending restrictions. 💊🏥 - PCA framework helps prevent the failure of banks and protect depositors' interests. 🔒💼 5. Marginal Standing Facility (MSF) 💸 #LiquidityManagement - MSF is a window for banks to borrow overnight funds from RBI against approved securities at a higher rate than the repo rate. (Source: RBI Annual Report 2022-23, 25/05/2023) - It provides a safety valve for banks to meet short-term liquidity needs. ⚠️💳 - MSF serves as a backstop for managing systemic liquidity shocks and preserving financial stability. 🛡️💰
1
10
39
5,432
The #NationalBank lowered the #KeyPolicyRate to 13.5% and improved its #inflation forecast. ubn.news/the-national-bank-l…

1
2
245
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has announced its decision to maintain the key policy rate at 22 per cent. Read more: thecurrent.pk/sbp-interest-r… #TheCurrent #SBP #MPC #KeyPolicyRate #InterestRate #Inflation #Pakistan #Economy

1
2
326
It is the fourth straight increase in the current cycle as policymakers extended their battle to tame the sustained above-target retail inflation rate. #India #keypolicyrate bdnews24.com/neighbours/pk9a…

1
1
👏 The @NBUkraine_eng continues its monetary policy easing to support the economy when quarantine restrictions are gradually lifting. Overall, the #keypolicyrate has decreased by 7.5 pp since the beginning of this year, which is the lowest since #Ukraine’s independence.
1
3
5
💸 @NBUkraine_eng cuts the key policy rate to 8% per annum. The #NBU continues its monetary policy easing to support the #economy during the quarantine period and pandemic outbreak. The Central Bank expects to cut the #keypolicyrate to 7% by the end of 2020.
2
4
6 Feb 2020

3
3
👏Aimed at supporting the steady economic #growth and maintaining inflation at the target level of 5%, the @NBUkraine_eng (National Bank of #Ukraine) keeps easing its monetary policy. NBU is cutting the key policy rate to 11% per annum effective 31 January 2020. #keypolicyrate
🔥 Національний банк знизив облікову ставку до 11%. НБУ продовжує пом’якшення монетарної політики, щоб забезпечити інфляцію на рівні цілі 5% та підтримати стійке економічне зростання bit.ly/2vBXwS9
3
5