Search For "mpc"
RBI applies brake on repo rate hike; here's what analysts have to say
Updated : 2 years, 11 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.
Read More
RBI decides to keep repo rate unchanged at 6.5 pc
Updated : 2 years, 11 months ago IST
Five out of six members of MPC voted to remain focused on withdrawal of accommodation to ensure inflation aligns with target while focusing on growth, RBI Governor Shaktikanta Das said on Thursday. The Monetary Policy Committee of the central bank decided to take a pause after a rate hike
Read More
Indian stocks largely steady Tuesday morning
Updated : 2 years, 11 months ago IST
Indian stocks indices were largely steady Tuesday morning after closing on the higher side during the previous session. At the time of writing this report, Sensex and Nifty were in the (-) 0.1-0.1 per cent range.
Read More
Indian stocks rally on a day RBI raises repo rate
Updated : 3 years, 1 month ago IST
In the just concluded three-day monetary policy committee meeting, the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent.
Read More
Eight banks participated in digital currency project: RBI Deputy Governor
Updated : 3 years, 1 month ago IST
T Rabi Sankar said that there are currently over 50,000 retail central bank digital currency (CBDC) users in India.
Read More
Here's what analysts and experts have to say about RBI's monetary policy
Updated : 3 years, 1 month ago IST
Since May last year, the RBI has increased the short-term lending rate by 250 basis points, including today's, to contain inflation.
Read More
RBI proposes to launch pilot project for QR code-based coin vending machin
Updated : 3 years, 1 month ago IST
These vending machines will dispense coins against debit to the customer's account using Unified Payments Interface (UPI) instead of physical tendering of banknotes.
Read More
RBI projects India's GDP growth at 6.4 per cent for 2023-24
Updated : 3 years, 1 month ago IST
The GDP projections for Q1, Q2, Q3, and Q4 2023-24 are estimated at 7.8 per cent, 6.2 per cent, 6.0 per cent, and 5.8 per cent, respectively, with risks, evenly balanced.
Read More
RBI MPC raises repo rate by 25 bps to 6.5 pc
Updated : 3 years, 1 month ago IST
Four out of six members of MPC have decided to go ahead with this hike in rate, RBI Governor Shaktikanta Das said on Wednesday.
Read More
Markets open with gains as investors expect RBI MPC meeting outcome
Updated : 3 years, 1 month ago IST
Key indices BSE Sensex went up 357 points to 60,643.78 while Nifty50 surged 115 points to 17,837.15.
Read More
Indian stocks start fresh week in red; Adani Ports gains, other group shar
Updated : 3 years, 1 month ago IST
Indian stock markets started the fresh week on a subdued note and lost nearly half a percentage point
Read More
Expect RBI to pause repo rate hike in February policy: SBI Research
Updated : 3 years, 1 month 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.
Read More