Search For "monetary policy"
RBI Governor Shaktikanta Das meets FM Nirmala Sitharaman in Delhi
Updated : 1 year, 3 months ago IST
The meeting comes just days before Das' current term as RBI Governor ends, and a day after the monetary policy meeting.
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CRR cut by RBI expected to provide support to Net Interest Margins of bank
Updated : 1 year, 3 months ago IST
The Reserve Bank of India's (RBI) decision to cut the Cash Reserve Ratio (CRR) is expected to provide marginal support to the Net Interest Margins (NIMs) of banks, according to a report by Axis Securities.
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Industry welcomes CRR cut, anticipates rate cut to follow
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 6.5 per cent for the 11th consecutive time, marking a continuation of its neutral monetary policy stance. The RBI downwardly revised GDP forecast for 2024-25 to 6.6 per cent from 7.2 per cent earlier.
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De-dollarisation not on agenda, only agreements for Vostro accounts with c
Updated : 1 year, 3 months ago IST
Responding to questions during the post-monetary policy press conference, the central bank governor said all that RBI has done is permit the opening of Vostro accounts to countries who wish to trade in local currency. This was a part of the de-risking of trade.
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RBI announces linking of pre-sanctioned credit lines with UPI to enhance f
Updated : 1 year, 3 months ago IST
The RBI proposed extending the scope of pre-sanctioned credit lines via the Unified Payments Interface (UPI) to Small Finance Banks (SFBs).
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RBI cuts CRR by 50bps to infuse Rs 1.15 lakh crore in the banking system
Updated : 1 year, 3 months ago IST
By this, 1.15 lac crore liquidity will be infused into the backing system. Governor Das outlined the inflation projections for FY24-25, pegging Consumer Price Index (CPI) inflation at 4.8 per cent. Quarter-wise, inflation is forecasted at 5.7 per cent for Q3 and 4.5 per cent for Q4. For F
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RBI Keeps Repo Rate Unchanged at 6.5 pc; GDP growth for FY25 reduced to 6.
Updated : 1 year, 3 months ago IST
"As a result, the Standing Deposit Facility (SDF) rate remains at 6.25 per cent, and the Marginal Standing Facility (MSF) rate, along with the Bank Rate, stays at 6.75 per cent," Das added.
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RBI may go for CRR cut instead of repo rate reduction in monetary policy:
Updated : 1 year, 3 months ago IST
The policy outcome is scheduled to be announced on Friday, December 6. The MPC faces the challenging task of balancing the need to stimulate economic growth amid a slowing economy while keeping inflation under control.
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RBI may explore other liquidity tools like open market operations (OMOs) a
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) may keep the current policy rates unchanged in the ongoing Monetary Policy Committee (MPC) meeting, according to a report by the Union Bank of India.
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RBI's MPC meeting begins today, all eyes on central bank action on rising
Updated : 1 year, 3 months ago IST
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting to determine the policy rate in the country commenced today in Mumbai.
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RBI unlikely to cut rates in upcoming MPC meeting: SBI Report
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) is expected to keep policy rates unchanged in the upcoming Monetary Policy Committee (MPC) meeting scheduled from December 4 to December 6, according to a report by the State Bank of India (SBI).
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Indian stocks will react to GDP numbers, monetary policy outcomes for fres
Updated : 1 year, 3 months ago IST
The Indian stock indices will react to the disappointing GDP numbers, and await RBI monetary policy decisions, for fresh market cues, during the week that starts Monday.
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