Search For "monetary"
Industry leaders hail RBI's rate cut as catalyst for further boosting hous
Updated : 9 months, 1 week ago IST
New Delhi [India], June 7: The Reserve Bank of India's Monetary Policy Committee (MPC) has taken a decisive step to revive economic momentum by slashing the repo rate by 50 basis points, bringing it down to 5.5%, while also reducing the Cash Reserve Ratio (CRR) by 100 bps. These moves, combi
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India's forex reserves sufficient to meet 11 months of imports, 96% of ext
Updated : 9 months, 1 week ago IST
India's foreign exchange reserves (Forex) are sufficient to meet 11 months of the country's imports and about 96 per cent of external debt, said Governor Sanjay Malhotra while announcing the outcome of the Monetary Policy Committee (MPC) decisions on Friday.
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RBI cuts repo rate by 50 bps to 5.5% under liquidity adjustment facility
Updated : 9 months, 1 week ago IST
RBI Governor said, "The reduction recommended by the MPC is for 50 basis points to 5.5 per cent. This is with an immediate effect."
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Nifty, Sensex open flat ahead of RBI policy decision; broader indices gain
Updated : 9 months, 1 week ago IST
Indian stock markets opened on a cautious note on Friday, as investors remained in a wait-and-watch mode ahead of the Reserve Bank of India's key monetary policy announcement. The policy decision is scheduled to be announced at 10 AM.
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RBI Governor Sanjay Malhotra to announce policy rates today amid falling i
Updated : 9 months, 1 week ago IST
The Reserve Bank of India (RBI) Governor Sanjay Malhotra is set to announce the policy repo rate today at 10 AM in Mumbai, as the three-day Monetary Policy Committee (MPC) meeting comes to a close.
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RBI's MPC to keep its focus on growth momentum; 25 bps rate cut likely: Ca
Updated : 9 months, 1 week ago IST
The Monetary Policy Committee (MPC) is expected to maintain its focus on supporting the ongoing recovery in economic growth momentum, Careedge Ratings said in a report.
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"How can global community allow continuous legitimisation of Pakistan spon
Updated : 9 months, 1 week ago IST
Khera highlighted that Pakistan has received a USD 1 billion loan by International Monetary Fund (IMF) on May 9; USD 40 billion from World Bank on under the Country Partnership Framework (CPF); and recently on June 4 A USD 800 million loan from the Asian Development Bank (ADB).
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Industry leaders expects RBI to take a balanced approach on rate cut and i
Updated : 9 months, 1 week ago IST
Majority of the Industry leaders believed that current economic conditions, marked by controlled inflation and improved growth, provide room for a modest rate cut that could boost credit flow and support key sectors like MSMEs, housing, and healthcare.
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Indian stock markets open higher, all major indices in green, Nifty around
Updated : 9 months, 1 week ago IST
The market experts believe that the investors are buoyed by the hopes of developments in the India-US trade deal and a rate cut by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI).
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India's 10-Year Bond Yield may fall further if RBI cuts rate by more than
Updated : 9 months, 2 weeks ago IST
India's benchmark 10-year government bond yield could decline further if the Reserve Bank of India (RBI) announces a policy rate cut of more than 25 basis points in its upcoming monetary policy on June 6, according to a report by Bank of Baroda.
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Economists divided on quantum of rate cut, 25 bps or 50 bps, ahead of RBI
Updated : 9 months, 2 weeks ago IST
As the Reserve Bank of India's Monetary Policy Committee (MPC) begins its two-day meeting in Mumbai to deliberate on the key policy rates, economists are divided over the quantum of the rate cut that the central bank should undertake in its June 6 announcement.
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RBI's Monetary Policy Committee meeting to begin today, policy announcemen
Updated : 9 months, 2 weeks ago IST
According to a report by SBI, the RBI is likely to announce a 50 basis points (bps) cut in the repo rate during this policy. The bank believes that a large rate cut at this stage could help revive the credit cycle and support overall economic growth.
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