Monetary Policy
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RBI commences Monetary Policy Committee meeting amid expectations of lower rate hike
India | Feb 06, 2023, 05:12 PM ISTThe RBI has been tasked to ensure that retail inflation remains at 4 per cent with a margin of 2 per cent.
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Not targeting any level, but RBI will not allow 'jerky movements' of Rupee: Dy Guv Patra
Business | Jun 24, 2022, 05:46 PM ISTMichael D Patra, who looks after the monetary policy department in the RBI, also stressed that the Indian currency has witnessed the least depreciation in recent times.
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RBI allows credit cards to be linked with UPI platform
Business | Jun 08, 2022, 12:36 PM ISTUPI has become the most inclusive mode of payment in India, with over 26 crore unique users and 5 crore merchants onboarded on the platform, RBI Governor Shaktikanta Das said.
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RBI hikes repo rate by 50 basis points to 4.90% to tame inflation; EMIs set to go up
Business | Jun 10, 2022, 05:37 PM ISTRBI's decision to raise the interest rate is aimed at doubling down the fight to contain inflation that has surged in the last couple of months.
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RBI appoints Ranjan, Pattanaik as executive directors
Business | May 13, 2022, 07:43 PM ISTPrior to being promoted as ED, Pattanaik was an Adviser in the Department of Economic and Policy Research (DEPR), while Ranjan was serving as Adviser-in-Charge of Monetary Policy Department and Secretary to the MPC.
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Will RBI increase interest rate in first monetary policy of current fiscal? What experts say
Business | Apr 06, 2022, 05:34 PM ISTThe Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, is holding its first meeting in the current financial year. The meeting will be on from April 6 to 8 and the outcome will be announced on April 8.
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RBI keeps repo rate unchanged at 4% for 10th time in a row; FY23 GDP growth pegged at 7.8%
Business | Feb 10, 2022, 11:54 AM ISTThis is the tenth consecutive time since the rate remains unchanged. The central bank had last revised the policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting interest rate to a historic low.
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RBI postpones Monetary Policy Committee meet over Lata Mangeshkar's demise
Business | Feb 06, 2022, 11:39 PM ISTLata Mangeshkar, whose voice struck an instant chord of recognition with generations of South Asians and is considered one of India's greats, died in a Mumbai hospital on Sunday due to multiple organ failure.
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IMF Chief Economist Gita Gopinath calls on PM Modi
India | Dec 15, 2021, 11:47 PM ISTThe meeting comes days after the IMF announced that she is being promoted as its First Deputy Managing Director.
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RBI keeps lending rates unchanged at 4% for ninth time in a row
Business | Dec 08, 2021, 10:46 AM ISTThis is the ninth consecutive time since the rate remains unchanged. The RBI had last revised the policy rate on May 22 last year.
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Monetary Policy: RBI keeps policy rate unchanged 8th time in a row at 4%
Business | Oct 08, 2021, 03:17 PM ISTThe Reserve Bank of India has kept the policy rate unchanged 8th time in a row at 4 per cent.
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RBI lowers GDP growth projection to 9.5 pc for 2021-22
Business | Jun 04, 2021, 12:30 PM ISTThe Reserve Bank on Friday lowered the country's growth projection for the current financial year to 9.5 percent from 10.5 percent.
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RBI projects retail inflation at 5.1 pc in FY22
Business | Jun 04, 2021, 12:18 PM ISTThe Reserve Bank of India on Friday projected the retail inflation at 5.1 per cent in the current financial year ending March 31, 2022.
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Sensex jumps around 200 points in opening trade, Nifty tests 14,750
Market | Apr 07, 2021, 10:49 AM IST30-share BSE index was trading 199.01 points or 0.40 per cent higher at 49,400.40 and broader NSE Nifty advanced 68.90 points or 0.47 per cent to 14,752.40.
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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's MPC starts deliberating on next monetary policy
Business | Apr 05, 2021, 05:25 PM ISTRBI Governor Shaktikanta Das-headed rate-setting panel MPC started its three-day deliberation on the next monetary policy on Monday amid sudden surge in COVID-19 cases and the government's recent mandate asking the central bank to keep retail inflation around 4 per cent.
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RBI's MPC starts deliberations on monetary policy
Business | Feb 03, 2021, 05:07 PM ISTThe Reserve Bank's rate-setting Monetary Policy Committee (MPC) began its meeting on Wednesday and is likely to hold interest rates and continue with accommodative policy stance so that necessary monetary action could be taken to push growth.
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RBI's next monetary policy panel meeting from Oct 7-9 as Centre appoints external members
Business | Oct 06, 2020, 01:16 PM ISTThe Reserve Bank of India will announce the monetary policy on October 9 as the Monetary Policy Committee (MPC) will meet during October 7-9.
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Govt appoints Ashima Goyal, Jayanth R Varma, Shashanka Bhide as members of MPC of RBI
Business | Oct 06, 2020, 10:15 AM ISTThe appointment has come after the government faced widespread criticism over failing to act on time to appoint an external panel to the Monetary Policy Committee (MPC).
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RBI reschedules MPC meeting, new dates to be announced shortly
Business | Sep 28, 2020, 02:55 PM ISTThe central bank, however, did not give any reason for rescheduling the meet. The interest-setting panel was scheduled to meet for three-days beginning Tuesday for RBI’s bi-monthly monetary policy review.