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RBI's Monetary Policy decision today; Governor to announce policy rates at
Updated : 1 year, 4 months ago IST
The Reserve Bank of India's Monetary Policy Committee (MPC) is set to announce its decision on the policy rates on Wednesday.
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Rate cut with 7 per cent of growth never happened in India or globally: SB
Updated : 1 year, 10 months ago IST
After the RBI projected more than 7 per cent of GDP growth for the entire financial year 2024-25, a latest report by State Bank of India noted that a rate cut with a 7 per cent growth never happened in the history.
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High food prices raise concerns but improved monsoon offers hope for RBI:
Updated : 2 years ago IST
The ongoing volatility in the prices of key food items such as tomatoes, onions, and potatoes (collectively known as TOP) and pulses continues to pose significant challenges for the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), highlights a report by SBI.
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Experts expect status quo in interest rates from ongoing RBI monetary poli
Updated : 3 years ago IST
In its previous meeting in early June, the central bank’s monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most analysts had expected. The RBI in its April meeting too had paused the repo rate.
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RBI applies brake on repo rate hike; here's what analysts have to say
Updated : 3 years, 4 months ago IST
The Reserve Bank of India, in its first monetary policy review meeting in 2023-24, decided to keep the key benchmark interest rate - the repo rate - unchanged at 6.5 per cent.
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Expect RBI to pause repo rate hike in February policy: SBI Research
Updated : 3 years, 6 months ago IST
SBI Research, in a report published moments before the RBI meeting started, said India's central bank is expected to pause the policy rate hike during the February 6-8 review meeting.
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RBI Monetary Policy Committee hikes policy rate by 35 bps to 6.25 per cent
Updated : 3 years, 8 months ago IST
The Monetary policy committee (MPC), which determines interest rates, opted to raise the policy repo rate by 35 basis points to 6.25 per cent with immediate effect.
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Indian stocks extend losses to third day; all eyes on RBI policy meet
Updated : 3 years, 8 months ago IST
At the time of writing this report, Sensex traded at 62,600.88 points, down 233.72 points or 0.37 per cent, whereas Nifty traded at 18,627.45 points, down 73.60 points or 0.39 per cent.
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35 basis points repo rate hike looks imminent from RBI policy meet: SBI Re
Updated : 3 years, 8 months ago IST
The SBI Research, in the report, said it believes 6.25 per cent could be the terminal rate in this monetary policy tightening cycle.
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Indian stock indices extend losses to second day; Sensex down over 300 pts
Updated : 3 years, 8 months ago IST
At the time of writing this report, Sensex traded at 62,516.75 points, down 351.75 points or 0.56 per cent, whereas Nifty traded at 18,600.80 points, down 95.30 points or 0.51 per cent. Rupee opened at 81.23 against the US dollar. On Friday, it closed at 81.32.
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Indian markets start flat during Monday morning trade
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], October 3 (ANI): Indian markets traded flat and were in negative territory during morning trade on Monday, tracking weak global cues. The 30-share index was down 194 points to 57,231 whereas Nifty50 dipped 52 points to 17,042 at 9.30 IST on Monday.
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RBI set to hike policy rates for the third time in a row to tame inflation
Updated : 4 years ago IST
New Delhi [India], August 4 (ANI): The Reserve Bank of India is likely to hike the policy repo rate by 25 to 50 basis points on Friday, the third hike since the beginning of the current financial year, in order to tame the inflationary pressure.
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