Search For "rbi monetary policy"
RBI expected to remain cautious with focus on achieving full growth potent
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
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 UPI payments facility for inbound travellers
Updated : 3 years, 1 month ago IST
Reserve Bank of India said it has proposed to permit all inbound travellers to India to use UPI for their merchant payments while they are in the country.
Read More
RBI projects India's 2023-24 retail inflation at 5.3 per cent
Updated : 3 years, 1 month ago IST
The average inflation in Q1 2023-24 is expected at 5.0 per cent, Q2 at 5.4 per cent, Q3 at 5.4 per cent, and Q4 at 5.6 per cent, respectively.
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
Market stabilises in morning trade; some Adani Group firms recover
Updated : 3 years, 1 month ago IST
The domestic stocks in opening trade also seemed to have recovered from last week's losses when shares of the Adani Group firms suffered a rout and the outcome dragged on the stock key indices, namely Sensex and Nifty.
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
RBI Monetary Policy Committee hikes policy rate by 35 bps to 6.25 per cent
Updated : 3 years, 3 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.
Read More
Indian stocks extend losses to third day; all eyes on RBI policy meet
Updated : 3 years, 3 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.
Read More
35 basis points repo rate hike looks imminent from RBI policy meet: SBI Re
Updated : 3 years, 3 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.
Read More
Indian stocks decline after another policy rate hike in US
Updated : 3 years, 4 months ago IST
Among the Nifty 50 stocks, Tech Mahindra, Hindalco, Wipro, Coal India, and Infosys were the top five losers, declining in the range of 1-2 per cent each, National Stock Exchange data showed.
Read More
Fight against inflation will be dogged and prolonged: RBI
Updated : 3 years, 4 months ago IST
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India has said that its monetary policy remains focussed on realigning inflation within the targeted band but the fight will be "dogged" and "prolonged".
Read More