Monetary Policy Review
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RBI’s MPC meeting concludes, UPI transaction limits changed, repo rate steady | Key takeaways
Business | Oct 09, 2024, 11:02 AM ISTThe Reserve Bank of India Governor as ex-officio chairman of the Monetary Policy Committee commenced the three-day meeting on October 7 which concluded today. It was anticipated that the repo rate would be reduced this time considering the rate cuts by the US Feds.
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RBI to take decision on repo rate, three-day monetary policy committee meeting begins today
Business | Oct 07, 2024, 11:34 AM ISTThe 3-day Monetary Policy Committee (MPC) meeting will conclude on October 9. The outcome of the meeting is eagerly awaited as the RBI has kept the repo rate steady for the last nine consecutive months.
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Monetary Policy: RBI keeps repo rate unchanged for 9th time in a row at 6.5 pc
Business | Aug 08, 2024, 11:29 AM ISTThis marks the ninth consecutive time the MPC has held the repo rate at 6.5%, maintaining its stance of 'withdrawal of accommodation' to steer inflation towards the desired target. The decision received majority support, with four out of six members in favour.
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RBI maintains status quo on policy rate, repo unchanged at 4%
Business | Apr 07, 2021, 10:16 AM ISTThe Reserve Bank of India has maintained status quo fifth time in a row on policy rate. The bank has kept repo unchanged at 4 per cent.
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RBI Monetary Policy: RBI maintains status quo 3rd time in a row, keeps Repo Rate unchanged at 4%
Business | Dec 04, 2020, 11:39 AM ISTMonetary Policy Committee (MPC) voted unanimously to keep the policy repo rate unchanged at 4 per cent and continued with its accommodative stance to support growth. The committee, which has cut rates by 115 basis points since the Covid-19 crisis hit in March, has kept rates on hold since May.
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More measures, transmission expected to prop-up growth: RBI Oct MPR
Business | Oct 12, 2019, 09:59 AM ISTAccording to RBI's Monetary Policy Report, October 2019: "Taking into account the baseline assumptions, survey indicators, the reductions in the policy repo rate since February 2019, the base effects and model forecasts, real GDP growth is projected at 6.1 per cent in 2019-20 - 5.3 per cent in Q2, 6.6 per cent in Q3, 7.2 per cent in Q4 - with risks evenly balanced."
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RBI's rate-setting panel starts meet, to announce decision on Thursday
Business | Feb 05, 2019, 06:30 PM ISTThe six-member MPC, headed by RBI Governor Shaktikanta Das, will meet between Tuesday and Thursday for the sixth bi-monthly monetary policy statement for 2018-19.
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Core sector growth slows at 2.4 pc, RBI monetary policy review today
Feb 03, 2015, 07:00 AM ISTNew Delhi: Eight core industries such as coal, electricity, crude oil, cement and steel grew at 2.4 per cent in December, compared to four percent in the same month last year, official data showed on
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RBI unlikely to cut interest rates in Dec policy review: SBI chief
Nov 21, 2014, 07:41 AM ISTNew Delhi: Ahead of the monetary policy review, State Bank of India (SBI) Chairperson Arundhati Bhattacharya on Thursday said RBI may leave interest rate unchanged in the next review but could soften its stance by