Search For "india monetary policy"
Uncertainties in food prices to push inflation higher in November-December
Updated : 2 years, 2 months ago IST
Uncertainties in food prices along with unfavourable base effects are likely to lead to a pick-up in retail inflation in November and December, the monetary policy committee of the Reserve Bank of India observed in their latest review meeting.
Read More
RBI Maintains Repo Rate, Ensuring Stable EMIs
Updated : 2 years, 5 months ago IST
New Delhi [India], October 9: As anticipated, Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), announced on Friday that the Monetary Policy Committee (MPC) has unanimously chosen to keep the repo rate steady at 6.50 per cent.
Read More
Policy rate status quo but inflation outlook clouded by uncertainties
Updated : 2 years, 5 months ago IST
As expected, the monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting decided to keep the policy repo rate unchanged at 6.5 per cent, maintaining status quo for the fourth straight occasion. The repo rate is the rate of interest at which the RBI lends to
Read More
Inflation concerns serious, masks true hardships of people: Jairam Ramesh
Updated : 2 years, 5 months ago IST
Soon after the Reserve Bank of India (RBI) in its latest monetary policy review meeting flagged concerns about high inflation as the headline inflation numbers are above the central bank's upper tolerance limit of 6 per cent, Congress has said it "masks the true hardships" faced by people, p
Read More
RBI keeps overall 2023-24 growth and inflation forecast unchanged
Updated : 2 years, 5 months ago IST
The monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting kept overall 2023-24 growth and inflation unchanged from their earlier estimates, even as the central bank flagged concerns about high inflation.
Read More
RBI maintains status quo in policy rate, flags inflation concern
Updated : 2 years, 5 months ago IST
The monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, thus maintaining status quo for the fourth straight occasions.
Read More
Half of Rs 2,000 notes in circulation back in system: RBI Governor
Updated : 2 years, 9 months ago IST
On May 19, RBI decided to withdraw the Rs 2,000 denomination currency notes from circulation, but said it will continue to remain as legal tender. However, RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect.
Read More
RBI lowers India's 2023-24 inflation forecast to 5.1 pc
Updated : 2 years, 9 months ago IST
The Reserve Bank of India has lowered India's inflation projection for 2023-24 to 5.1 per cent against its April estimate of 5.2 per cent.
Read More
RBI keeps policy repo rate unchanged as inflation softens
Updated : 2 years, 9 months ago IST
The Reserve Bank of India's monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent.
Read More
Here's what analysts and experts have to say about RBI's monetary policy
Updated : 3 years, 1 month ago IST
Since May last year, the RBI has increased the short-term lending rate by 250 basis points, including today's, to contain inflation.
Read More
Premature pause in monetary policy action would be costly error: RBI Gover
Updated : 3 years, 2 months ago IST
Raising interest rates typically cool demand in the economy, thereby putting a brake on inflation.
Read More
Bank of Baroda expects 25-35 basis points rate hike from Dec 5-7 RBI polic
Updated : 3 years, 3 months ago IST
The Reserve Bank of India's three-day monetary policy committee meeting commences today. Financial markets will be keenly watching the committee's stance as consumer inflation is still above the 6 per cent target band.
Read More