RBI Policy Announcement : 7 April 2021

RBI Policy Announcement : 7 April 2021

Banks being viewed as a panacea for all ills?
Newsletter 11 Jun 22, Issue 20
Helicopter Money as a Monetary Policy tool : Benefit and Risks

RBI released the policy stance based on bimonthly Monetary Policy Committee (MPC) decisions on 7th April, 2021. But beyond the policy rates and liquidity, there were other important tweaks including limit change for Payments Banks and PPIs and most importantly permitting non-bank players to be part of RTGS and NEFT network.

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