The latest minutes of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting in August have showed divide between the RBI leadership and government-nominated members over the growth outlook of the Indian economy, according to a report by Union Bank of India.
In an unanimous decision the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has kept the repo rate unchanged at 5.5 per cent in its August policy meeting. The decision was announced by RBI Governor Sanjay Malhotra on Wednesday.
India Ratings and Research (Ind-Ra) has slashed India's GDP projections for 2025-26 to 6.3 per cent, a 30 basis points lower than its earlier forecast of 6.6 per cent in December 2024.
The Reserve Bank of India (RBI) will continue to undertake liquidity management operations to ensure adequate liquidity in the financial system, especially for the productive sectors of the economy, RBI said on Thursday in its annual report.
The minutes of the Monetary Policy Committee (MPC) meeting held on April 7-9 reflect a clear dovish tone, with growth now taking center stage in the RBI's policy approach.
The outlook for food inflation in India has turned decisively positive over the recent correction in vegetable prices, coupled with estimates of a record wheat and higher pulses production, the Minutes of the latest RBI monetary policy said.
In a move to strengthen India's financial ecosystem, Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced six additional measures focused on banking regulation, fintech, and payment systems.
Announcing the decision after the MPC's three-day meeting held on April 7, 8, and 9, RBI Governor Sanjay Malhotra stated, "After a detailed assessment of the evolving macroeconomic and financial conditions and outlook, the MPC voted unanimously to reduce the policy repo rate by 25 basis poin
The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators. The other five meetings are scheduled for June 4-6, August 5-7, September 29-October 1, December 3-5, and Febr
After a volatile week post the announcement of reciprocal tariffs by the Trump administration, Indian stock indices are set to take cues from the upcoming monetary policy review meeting (April 7-9), followed by the scheduled release of domestic inflation data.
The budget proposals on agriculture and the commitment to fiscal consolidation, among others, are positive for price stability and would help to anchor inflation expectations over the medium term, RBI Governor Sanjay Malhotra said, as per the minutes of the latest monetary policy review meet