Search For "monetary policy committee"
RBI expected to remain cautious with focus on achieving full growth potent
Updated : 3 years, 1 month ago IST
In the just concluded three-day monetary policy committee meeting, the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent.
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RBI projects India's 2023-24 retail inflation at 5.3 per cent
Updated : 3 years, 1 month ago IST
The average inflation in Q1 2023-24 is expected at 5.0 per cent, Q2 at 5.4 per cent, Q3 at 5.4 per cent, and Q4 at 5.6 per cent, respectively.
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RBI proposes to launch pilot project for QR code-based coin vending machin
Updated : 3 years, 1 month ago IST
These vending machines will dispense coins against debit to the customer's account using Unified Payments Interface (UPI) instead of physical tendering of banknotes.
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RBI MPC raises repo rate by 25 bps to 6.5 pc
Updated : 3 years, 1 month ago IST
Four out of six members of MPC have decided to go ahead with this hike in rate, RBI Governor Shaktikanta Das said on Wednesday.
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Markets open with gains as investors expect RBI MPC meeting outcome
Updated : 3 years, 1 month ago IST
Key indices BSE Sensex went up 357 points to 60,643.78 while Nifty50 surged 115 points to 17,837.15.
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Market stabilises in morning trade; some Adani Group firms recover
Updated : 3 years, 1 month ago IST
The domestic stocks in opening trade also seemed to have recovered from last week's losses when shares of the Adani Group firms suffered a rout and the outcome dragged on the stock key indices, namely Sensex and Nifty.
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We expect RBI to implement final rate hike in February and change stance
Updated : 3 years, 1 month ago IST
In its December monetary policy committee meeting, the RBI raised the policy repo rate by 35 basis points (bps) to 6.25 per cent.
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Continued monetary policy tightening necessary: RBI MPC member Shashanka B
Updated : 3 years, 2 months ago IST
Continued monetary policy tightening is needed to achieve moderation in the inflationary pressures, Reserve Bank of India's Monetary Policy Committee member Shashanka Bhide said during the latest policy meeting held this month.
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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.
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Bank of England raises bank rate by 50 basis points to 3.5 pc
Updated : 3 years, 2 months ago IST
The Monetary Policy Committee (MPC) of United Kingdom's central bank sets monetary policy to meet the 2 per cent inflation target, and in a way that helps to sustain growth and employment, according to a statement available on bankofengland.co.uk.
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Markets snap 4-day losing run, end with gains
Updated : 3 years, 3 months ago IST
The domestic markets snapped their four-day losing run and ended with gains, picking up cues from the Monetary Policy Committee's decision to slow down the hike of repo rates.
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Policy rate hike may affect EMIs of loans
Updated : 3 years, 3 months ago IST
Bank linked their lending rates with repo rates on various term loans and this change in the repo rate will have an impact on the equated monthly instalment (EMIs) of citizens.
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