RBI collateral-free loan limit doubled to ₹20 lakh for micro and small enterprises from April 2026, boosting MSME credit access and entrepreneurship. Know key details, benefits, and exam-relevant points. RBI MPC Doubles Collateral‑Free Loan Limit for Micro and Small Firms: Major Boost to MSME Credit Introduction: RBI Enhances Collateral‑Free Loan Limit In a significant decision…
RBI MPC new member 2025: Indranil Bhattacharyya has been appointed as the new ex-officio member of RBI’s Monetary Policy Committee, replacing Rajiv Ranjan ahead of the September 29–October 1 policy meet. RBI Appoints Indranil Bhattacharyya as New MPC Member Introduction: A Strategic Appointment to the Monetary Policy Committee On August 22, 2025, the Reserve Bank…
RBI Keeps Repo Rate Unchanged at 6.5% in August 2024 MPC Meeting Introduction to the RBI MPC Meeting The Reserve Bank of India (RBI) has announced its decision to maintain the repo rate at 6.5% during its Monetary Policy Committee (MPC) meeting held in August 2024. This announcement comes amidst a complex economic environment characterized…
Monetary Policy Tools in India – A Comprehensive Overview India’s monetary policy plays a pivotal role in shaping the country’s economic landscape. The Reserve Bank of India (RBI) employs various tools to regulate the nation’s monetary policy, aiming to maintain stability, control inflation, and stimulate economic growth. Understanding these tools is crucial for aspirants preparing…
