Search For "mpc"
Inflation projected at 5.1-5.6% in the next fiscal
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday revealed that the estimated inflation for first half of the next fiscal would stand at 5.1 to 5.6 percent.
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Closing bell: Sensex ends 113.23 pts lower, Nifty at 10,476.70
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): Following the announcement of the Reserve Bank of India's (RBI) sixth bi-monthly monetary policy statement, market indices traded lower on Wednesday evening.
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RBI keeps repo rate, reverse repo rate unchanged
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday kept the repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively.
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RBI to announce its Monetary Policy today
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday will announce its decisions on the rate cuts after its Monetary Policy Committee (MPC) meeting, which will be the first after Union Budget 2018-19.
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RBI likely to keep policy rates on hold
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 6 (ANI): In the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting, which will be held today in Mumbai, the apex bank is expected to keep policy rates on hold for this week.
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RBI caps merchant discount rates to boost debit card transactions
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI): In a bid to boost transactions using debit cards, and digitisation on the whole, the Reserve Bank of India (RBI) on Wednesday has capped merchant discount rate (MDR) and will create a framework for asset-light acceptance infrastructure.
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Banking system liquidity moving towards neutrality: RBI Dy Gov
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI): Reserve Bank of India (RBI) Deputy Governor Viral Acharya on Wednesday highlighted that as far as the present condition is concerned, the banking system liquidity is moving towards neutrality.
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RBI holds rates after hinting possibility of fiscal slippages
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI): Reserve Bank of India (RBI) Governor Dr Urjit Patel on Wednesday hinted at the possibility of fiscal slippage due to farm loan waiver, partial roll back of duty on fuel and reduction in the Goods and Services Tax (GST) rates on a number of commoditi
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RBI keeps repo rate, reverse repo rate unchanged
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 5 (ANI): The Reserve Bank of India (RBI) on Wednesday kept the repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively.
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Opposition opposes demonetisation in Manipur
Updated : 8 years, 4 months ago IST
Imphal (Manipur) [India] Nov 8 (ANI): The Congress and other opposition political parties on Wednesday observed Black Day against demonetisation.
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RBI disappoints by keeping its rates unchanged: FICCI
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct 4 (ANI): Commenting on the monetary policy announced today President FICCI, Pankaj Patel has said that FICCI is disappointed that the MPC has chosen to hold the repo rate and not reduce it. FICCI had sought a 100 bps reduction in interest rate.
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Implementation of GST has rendered short-term prospects uncertain, admits
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct 4 (ANI): Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday announced keeping the repo rate unchanged at six percent and the reverse repo rate unchanged at 5.75 percent.
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