Search For "monetary policy"
RBI to release monetary policy statement on Friday, pause in repo rate lik
Updated : 2 years, 5 months ago IST
he Reserve Bank of India (RBI) will on Friday announce its bimonthly monetary policy statement which is closely watched by financial market participants
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RBI appoints Muneesh Kapur as new executive director
Updated : 2 years, 5 months ago IST
Over a span of nearly three decades at the Reserve Bank, Kapur has worked in the areas of macroeconomic policy and research and monetary policy in the Department of Economic Policy and Research and Monetary Policy Department in RBI. He also served as adviser to the Executive Director at t
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RBI monetary policy review meeting commences, another pause in repo rate l
Updated : 2 years, 5 months ago IST
The three-day bi-monthly monetary policy committee (MPC) meeting of the RBI started on Wednesday with financial market participants set to closely monitor the outcome and the policy stance of the central bank
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Expect status quo by RBI in October policy meeting: SBI Research
Updated : 2 years, 5 months ago IST
RBI in its past three meetings – April, June, and August -- held the repo rate unchanged at 6.5 per cent. The repo rate is the rate of interest at which RBI lends to other banks.
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Selling spree continues in Indian stocks for third straight day
Updated : 2 years, 5 months ago IST
The selling spree continues in Indian stock markets for the third straight session after the US central bank while keeping its interest rate steady in the September meeting, hinted that it may again hike rates going ahead if need be, in its fight against inflation.
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US Fed keeps interest rate unchanged but cautions on elevated inflation
Updated : 2 years, 5 months ago IST
The US Federal Reserve in its September policy meeting left the key interest rate unchanged at 5.25-5.50 per cent but cautioned it may go for additional tightening of monetary policy if need be.
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Pakistan’s debt servicing heads towards record PKR 8 trillion as interest
Updated : 2 years, 6 months ago IST
The fiscal year 2023–24 will mark the first time when practically every month of the current fiscal year, federal revenue receipts will be less than what is needed to pay for servicing domestic and international debt. Since the fiscal position will only become worse, there will be more serio
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RBI expected to hold policy rate again at next review meeting: Crisil
Updated : 2 years, 6 months ago IST
The monetary policy committee of the Reserve Bank of India is expected to again hold the policy rate in the next meeting, as the central bank awaits a clearer picture on the inflation trajectory, said Crisil in a report.
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Inflation risks high but US economy won’t enter into recession: Federal Re
Updated : 2 years, 7 months ago IST
The US economy is unlikely to enter into a recession in 2023, minutes of the Federal Reserve’s July monetary policy review meeting showed, and noted that spending and real activities had improved after the banking crisis experienced earlier this year.
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RBI raises transaction limit for offline UPI Lite payments from Rs 200 to
Updated : 2 years, 7 months ago IST
As part of its continuous bid to deepen the reach and use of digital payments in the country, the Reserve Bank of India on Thursday proposed to enhance the per transaction limit for UPI Lite digital payments in off-line mode from Rs 200 to Rs 500.
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RBI proposes to introduce UPI payments through AI conversations
Updated : 2 years, 7 months ago IST
RBI Governor Shaktikanta Das, as part of its post monetary policy meeting remarks earlier today, said it will enable users to engage in conversation with AI-powered systems to make payments.
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RBI maintains repo rate but raises inflation forecast; experts have this t
Updated : 2 years, 7 months ago IST
The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent – for the third time in a row, something most financial market experts had expected.
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