Search For "mpc meet"
Indian markets open in negative territory during morning trade
Updated : 3 years, 8 months ago IST
Mumbai [India], September 30 (ANI): Indian markets on Friday were volatile and in negative territory during the morning trade. At 9.25 IST, the 30-share Sensex fell 0.33 per cent to 56,224 while Nifty was down 0.31 per cent to 16,786, as market participants track global cues and wait for RBI
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Rupee depreciates to new lifetime low; stocks decline for sixth day
Updated : 3 years, 8 months ago IST
New Delhi [India], September 28 (ANI): Continuing with the consistent depreciation, the rupee slipped further from the recent low and hit another lifetime low on Wednesday morning. This consistent depreciation follows the ongoing strengthening of the US dollar index for a two-decade high,
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Three-day RBI monetary policy meet starts today; another repo rate hike li
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI): The monetary policy committee of the Reserve Bank of India is all set for its bi-monthly review meeting starting today.
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Markets monitor RBI MPC meet; rupee downtrend likely to continue
Updated : 3 years, 8 months ago IST
New Delhi [India], September 25 (ANI): Markets fell for a second consecutive week while rupee's decline versus dollar put pressure to reverse the positive flows into the domestic market for two months. US Federal Reserve's hiked rates and a tighter monetary policy across central banks across
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Morgan Stanley expects 50 bps repo rate hike in next RBI policy meet
Updated : 3 years, 8 months ago IST
New Delhi [India], September 19 (ANI): Faced with sticky inflation and a continued hawkish stance by various central banks, the Reserve Bank of India is likely to raise repo rates by another 50 basis points with an unchanged policy stance when it meets for the next monetary review, global in
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Inflation remains unacceptably and uncomfortably high: RBI Governor at MPC
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 19 (ANI): Though inflation has moderated and plateaued since its recent peak of April 2022, it remains unacceptably and uncomfortably high, Reserve Bank of India (RBI) Governor Shaktikanta Das said in his intervention during the Monetary Policy Committee
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RBI hikes repo rate: How real estate developers reacted
Updated : 3 years, 9 months ago IST
New Delhi [India], August 8 (ANI/NewsVoir): Coming on the heels of a 50 BPS increase in the last MPC meeting, the hike in repo rate of 50 BPS by RBI last week raises the lending rate to 5.4 per cent and brings it at par with pre-pandemic levels. Even though it appears marginal, it has evoked
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RBI reschedules August meeting of Monetary Policy Committee
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 21 (ANI): The Reserve Bank of India (RBI) on Thursday announced a change in the date of the upcoming meeting of the Monetary Policy Committee, which will take the decisions on policy rates.
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RBI hiked rates to prevent inflation from corroding economic recovery, MPC
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): The Reserve Bank of India (RBI) Monetary Policy Committee decided to hike the policy repo rate by 50 basis points earlier this month in order to prevent inflation from corroding economic recovery, as per the minutes of the MPC meeting released on
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RBI proposes to link credit cards to UPI platform
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) on Wednesday proposed to allow the linking of credit cards to the Unified Payments Interface (UPI) platform.
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Sensex tumbles 205 points as RBI increases policy repo rate
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): Indian stock market's benchmark Sensex opened 205 points down on Wednesday as the Reserve Bank of India (RBI) increased the policy repo rate by 50 basis points to 4.9 per cent.
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RBI likely to hike policy repo rate by 0.40 per cent next week
Updated : 3 years, 11 months ago IST
New Delhi [India], June 4 (ANI): Amid inflationary pressure in the economy, the Reserve Bank of India is likely to raise the policy repo rate by 40 basis points next week and hike it further by 0.35 per cent in August taking it to the pre-pandemic level of 5.15 per cent, according to economi
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