%A Ajit Ranade
%T RBI embarks on quantitative easing
%! RBI embarks on quantitative easing
%X The Monetary Policy Committee (MPC) of the Reserve Bank of India meets every two months to decide on the main policy interest rate. This is the rate at which the RBI gives an overnight i.e. a one day loan to a commercial bank that may be in temporary need of liquidity.
%U https://www.thebillionpress.org/columns/economy/rbi-embarks-quantitative-easing-654