Search For "mpc"
RBI Governor Shaktikanta Das unveils monetary policy: Repo rate unchanged
Updated : 1 year, 9 months ago IST
The RBI's Monetary Policy Committee (MPC) maintained the status quo on the Repo Rate, keeping it unchanged at 6.5 per cent. The decision comes amidst a backdrop of economic uncertainties both domestically and globally.
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RBI Governor Shaktikanta Das to announce monetary policy amid inflation co
Updated : 1 year, 9 months ago IST
The Monetary Policy Committee (MPC), chaired by Governor Das, has been convening in Mumbai this week to deliberate on key policy decisions amidst a challenging economic landscape.
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RBI MPC meets amid concerns of inflation, rate cut unlikely say economists
Updated : 1 year, 9 months ago IST
The Reserve Bank of India (RBI) is unlikely to reduce the benchmark interest rate in its upcoming monetary policy review meeting. The meeting, chaired by Reserve Bank Governor Shaktikanta Das, is underway in Mumbai
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"What would you like to say about words used...": BJP's Riti Pathak questi
Updated : 1 year, 10 months ago IST
Meanwhile, Madhya Pradesh Congress Committee (MPCC) president, Jitu Patwari, apologized on Friday for his controversial remark against former minister and Bharatiya Janata Party (BJP) leader Imarti Devi.
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High-interest rates sacrifice growth: RBI monetary policy member Varma fav
Updated : 1 year, 10 months ago IST
Noting that that economic growth in 2024-25 is projected to slow by over half a percent relative to 2023-24, Varma said it was a reminder that high interest rates entail a growth sacrifice.
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Food prices a challenge for final descent in inflation: RBI policy minutes
Updated : 1 year, 10 months ago IST
Pressure in food prices has been interrupting the ongoing disinflation process in India, and posing challenges for the final descent of inflation trajectory to the 4 per cent target, as per minutes of RBI's monetary policy meeting that was held earlier this month.
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India's Retail Inflation dips to 4.85 per cent in March
Updated : 1 year, 11 months ago IST
India's retail inflation declined to 4.85 per cent in March compared to 5.09 per cent in February this year, according to government data released on Friday
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Industry hails RBI's Monetary policy decisions
Updated : 1 year, 11 months ago IST
Industry welcomes Reserve Bank of India decisions in its first monetary policy report of FY 25. One of the key highlights of the report is the RBI's decision to maintain the repo rate at its current level, a move that has been widely applauded by industry leaders.
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'Elephant' out for a walk, says RBI Governor Das as FY25 CPI inflation pro
Updated : 1 year, 11 months ago IST
"Looking ahead, robust growth prospects provide the policy space to remain focused on inflation and ensure its descent to the target of 4 per cent," RBI Governor said announcing the decisions of the first MPC of FY25.
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At Monetary Policy meeting, RBI retains 7 % real growth rate projection fo
Updated : 1 year, 11 months ago IST
RBI Governor Shaktikanata Das, while announcing the RBI Monetary Policy Committee outcome on Friday, said that the growth is projected to be at 7.1 per cent in first quarter, followed by 6.9 per cent in second quarter and 7 per cent in both third and fourth quarters.
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RBI keeps repo rates unchanged at 6.5 pc after first Monetary Policy meeti
Updated : 1 year, 11 months ago IST
This is the seventh consecutive meeting that the MPC has maintained a status quo on the repo rate. The repo rate, is the interest rate at which banks draw funds from RBI to overcome short-term liquidity mismatches.
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RBI Monetary Policy Meeting: Central Bank likely to keep rates steady
Updated : 1 year, 11 months ago IST
The first Monetary Policy Committee (MPC) meeting of financial year 2025 will be held on Friday, and the Reserve Bank of India is unlikely to cut rates.
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