Watch all the episodes of Unacademy News Room here: https://goo.gl/UckUi5

Welcome to Unacademy's latest presentation - "Unacademy Newsroom", where Arunank will regularly discuss and talk about different issues and latest happening in India and the world.
Must watch to be updated with the latest happenings and their causes.
In this ninth episode, Arunank discusses and reviews the 4th Monetary Policy by RBI for 2017-18. The six-member Monetary Policy Committee (MPC) of Reserve Bank of India, headed by Governor Urjit Patel, on Wednesday left the short-term lending rate, also known as repo rate, unchanged at 6 per cent.
The committee also did not tweak the cash reserve ratio (CRR), which remained unchanged at 4 per cent, but cut statutory liquidity ratio (SLR) requirement by 50 basis points to 19.5 per cent.
The projection of real GVA growth for 2017-18 has been revised downward to 6.7 per cent from an August 2017 projection of 7.3 per cent, with risks evenly balanced. Extremely informative se

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