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MONETARY POLICY

“…the primary objective of monetary policy is to maintain price stability while keeping in mind the objective of growth.”


Preamble to the Reserve Bank of India Act 1934

Press Release


PDF document (160 kb)
Date : May 16, 2017
Marginal Cost of Funds Based Lending Rate (MCLR) for the month of April 2017

The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of April 2017.

Ajit Prasad
Assistant Adviser

Press Release: 2016-2017/3079


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