Grab the CURRENT AFFAIRS CAPSULE for IBPS
Is Now In CHENNAI | MADURAI | TRICHY | SALEM | COIMBATORE | CHANDIGARH | BANGALORE | ERODE |NAMAKKAL |PUDUCHERRY |THANJAVUR www.raceinstitute.in | www.bankersdaily.in Real Intensive Program 24.5 For IBPS Clerk Current Affairs Capsule Exclusively prepared for RACE students Chennai: #1, South Usman Road, T Nagar. | Madurai: #24/21, Near Mapillai Vinayagar Theatre, Kalavasal. | Trichy: opp BSNL office, Juman Center, 43 Promenade Road, Cantonment. | Salem: #209, Sonia Plaza / Muthu Complex, Junction Main Rd, State Bank Colony, Salem. | Coimbatore #545, 1st floor, Adjacent to SBI (DB Road Branch), DiwanBahadur Road, RS Puram, Coimbatore (Kovai) – 641002 | Chandigarh: SCO 131-132 Sector 17C. | Bangalore|Erode |Namakkal |Puducherry |Thanjavur| Trivandrum H.O: 7601808080 / 9043303030 | www.raceinstitute.in Chennai RACE Coaching Institute Pvt Ltd Chennai | Madurai | Trichy | Salem | Coimbatore | Chandigarh | Bangalore| Erode |Namakkal |Puducherry |Thanjavur| Trivandrum www.raceinstitute.in | www.bankersdaily.in IMPORTANT BANKING & BUSINESS AWARENESS RBI in News: Fifth Bi-monthly Monetary Policy Statement, 2017-18: Resolution of the Monetary Policy Committee (MPC) On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) decided to: Policy Rate Current (Remains Unchanged) Repo Rate 6.0% Reverse Repo Rate 5.75% Marginal Standing Facility 6.25% Bank Rate 6.25% CRR 4% SLR 19.5% The projection of real GVA growth for 2017-18 of the October resolution at 6.7per cent has been retained, with risks evenly balanced. On the whole, inflation is estimated in the range 4.3-4.7 per cent in Q3 and Q4 of this year, including the HRA effect of up to 35 basis points, with risks evenly balanced.
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