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Review of Fifth Bi-monthly Monetary Policy Statement 2017-18

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Fifth Bi-monthly Monetary Policy Statement, 2017-18 MPC(Monetary policy committee) has kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.0 per cent reverse repo rate under the LAF remains at 5.75 per cent marginal standing facility (MSF) rate and the Bank Rate at 6.25 per cent. MPC voted 5:1 for this […]

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National Payments Corporation of India (NPCI)

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In this article journey and achievement of NPCI has been explained in very succinct manner. This explanation is enough for any competitive exam. For more detail  you may refer the official website of NPCI. About NPCI National Payments Corporation of India (NPCI) is an umbrella organisation for retail payment systems in the country. Set-up under the

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