After staging a smart comeback yesterday, Indian stock markets ended on a negative note on Wednesday, showing no major enthusiasm for the policy interest cut by the Reserve Bank of India (RBI).
The Reserve Bank of India (RBI) will ensure swift transmission of repo rate cut benefits, says governor Sanjay Malhotra in a post-policy press conference.
Shriram Ramanathan, CIO, Fixed Income, HSBC Mutual Fund, said, "The RBI MPC managed to meet the market's hefty expectations, by announcing a 25bps repo rate cut along with a change of stance to accommodative. Importantly, the MPC now believes that the headline CPI is aligned on a durable bas
The Reserve Bank of India's decision to cut repo rate by 25 basis points in its monetary policy review has drawn mixed reactions from industry experts, with many voicing expectations for a sharper reduction to better support economic growth.
The Reserve Bank of India (RBI), in its monetary policy announcement on Wednesday, said that inflation is expected to remain under control in the financial year 2025-26.
The Reserve Bank of India's (RBI) repo rate is expected to drop by 25 basis points (bps) to 6.00 per cent after the ongoing Monetary Policy Committee (MPC) meeting, according to Goldman Sachs.
As global markets continue to see a sharp decline, several economists are urging the Reserve Bank of India (RBI) to take stronger steps in its upcoming monetary policy meeting.
The Reserve Bank of India (RBI) is set to announce its monetary policy decision in the second week of April. Economists believe that a rate cut is necessary to support economic growth, with some advocating for a 50-basis-point (bps) reduction, while others expect a more cautious approach.
In February, the RBI unanimously lowered the repo rate by 25 basis points from 6.5 per cent to 6.25 per cent, in what was the first rate cut in about 5 years since Covid.