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
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.
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.
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 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.
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
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.
The Reserve Bank of India (RBI) is expected to continue reducing the repo rate as economic growth faces potential headwinds and inflation is likely to come in the central bank's target range, according to a report by HDFC Mutual Fund.
India's domestic demand is expected to remain resilient, supported by the personal income tax concessions announced in the 2025 Union budget and the repo rate cut initiated by the Reserve Bank of India, S&P Global Market Intelligence said in a note.
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