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2020 Singaporean general election. President Halimah Yacob dissolves Parliament and polling day is set on 10 July. 2020 Kentucky Democratic presidential primary, 2020 United States Senate election in Kentucky. Voters in Kentucky head to the polls to nominate a Democrat to face Senate Majority leader Mitch McConnell.
The Reserve Bank of India Act, 1934 (RBI Act) was amended by the Finance Act, 2016, to provide a statutory and institutionalised framework for a Monetary Policy Committee, for maintaining price stability, while keeping in mind the objective of growth. The Monetary Policy Committee is entrusted with the task of fixing the benchmark policy rate ...
Monetary Policy Committee came into force on 27 June 2016. [ 2 ] Suggestions for setting up a monetary policy committee is not new and goes back to 2002 when YV Reddy committee proposed to establish a MPC, then Tarapore committee in 2006, Percy Mistry committee in 2007, Raghuram Rajan committee in 2009 and then Urjit Patel Committee in 2013.
Since its establishment in 1935 by the government of the Republic of India, the RBI has been headed by twenty-six governors. The governor of the Reserve Bank of India is a member of the Strategic Policy Group headed by National Security Advisor Ajit Doval. It is a crucial wing of the National Security Council. [clarification needed]
(June 2020) (Learn how and when to remove this message) In India , the Statutory liquidity ratio (SLR) is the Government term for the reserve requirement that commercial banks are required to maintain in the form of cash, gold reserves, Govt. bonds and other Reserve Bank of India (RBI)- approved securities before providing credit to the customers.
June 2020 Afghanistan attacks. At least 23 civilians are killed when rockets hit a cattle market in Sangin, Helmand. The government and the Taliban blame each other for the attack. 2020 Pakistan Stock Exchange attack. An attack on the Pakistan Stock Exchange building in Karachi leaves at least seven people dead.
Urjit Patel (born 28 October 1963) is a Kenyan-born Indian economist, who formerly served as the 24th Governor of the Reserve Bank of India and also Deputy Governor of Reserve Bank of India, looking after monetary policy, economic research, financial markets, statistics and information management. He resigned from his post on 10 December 2018 ...
A plane pulling a banner with a Confederate flag and the phrase "Defund NASCAR" flew over the race track on June 21. (CTV News) (BBC News) The United States Department of Justice and Federal Bureau of Investigation launch their own investigations in order to determine whether criminal charges can be brought.