Monetary Policy
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RBI Governor headed MPC begins deliberations on monetary policy
Business | Aug 04, 2020, 05:31 PM ISTThe six-member Monetary Policy Committee (MPC) headed by the RBI Governor is scheduled to announce its decision on August 6.
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Rate cut expected today as markets awaits RBI monetary policy review
Business | Dec 05, 2019, 07:02 AM ISTAfter a largely, subdued trade, the BSE Sensex on Wednesday closed at 40,850.29, higher by 174.84 points or 0.43 per cent from the previous close of 40,675.45 points. The RBI rate cut is expected today.
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Retail inflation jumps to 4.62 per cent in October
Business | Nov 13, 2019, 06:44 PM ISTThe inflation based on Consumer Price Index (CPI) was 3.99 per cent in September and 3.38 per cent in October 2018. The inflation in the food basket spiked to 7.89 per cent in October 2019 as against 5.11 per cent the preceding month
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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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17 takeaways from RBI Monetary Policy Statement
Business | Oct 04, 2019, 04:58 PM ISTAs expected, the monetary policy committee cuts repo rate for the fifth consecutive time in October 2019. After the RBIs rate cut announcement Indian market gained some points, but due to lower than expectations the rate-sensitive stocks turned negative. Even Indian rupee and crude bond prices fell. Let’s read out a few takeaways from the RBIs policy.
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RBI may go for 25 bps rate cut on Wed for 4th time in row
Business | Aug 04, 2019, 04:01 PM ISTThe industry also expects the six-member Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das to take steps to improve liquidity situation and also ensure the transmission of rate (repo) cuts to borrowers by the banks.
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RBI Monetary Policy Statement: How it may affect your finances
Jun 05, 2019, 03:04 PM ISTRBI Monetary Policy explained: Time for number crunching may again have arrived as Reserve Bank of India prepares to announce its bi-monthly Monetary Policy Statement on Thursday (June 6). The policy affects our finances. Due to technical jargon, Monetary Policy Statement is often hard for most of us to understand. Here's an explainer.
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Rupee ends flat at 69.26 a dollar ahead of RBI policy decision
Business | Jun 04, 2019, 06:49 PM ISTThe Indian rupee Tuesday settled unchanged at 69.26 against the US dollar in a lacklustre trade as participants preferred to sit on the fence ahead of the RBI monetary policy outcome on Thursday.
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Will RBI hike interest rates again? Decision today
Business | Aug 01, 2018, 08:31 AM ISTExperts are divided in their opinion about the likely action of Reserve Bank of India on the benchmark lending rate.
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RBI keeps key policy rate unchanged at 6%, says GST stabilising, economic activity picking up
Business | Feb 07, 2018, 03:10 PM ISTThe RBI also lowered the economic growth projection to 6.6 per cent for 2017-18 from the previous 67 per cent. It estimated 7.2 per cent growth in the next fiscal.
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Recent developments augur well for growth prospects: Full text of RBI’s policy statement
Business | Dec 06, 2017, 04:20 PM ISTMaintaining a neutral stance, the Reserve Bank of India today kept the repo rate unchanged at 6 per cent.
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Monetary Policy: RBI keeps repo rate unchanged at 6 pc
Business | Dec 06, 2017, 03:21 PM ISTThe MPC also kept reverse repo rate under the LAF unchanged at 5.75 per cent and marginal standing facility (MSF) rate and the Bank Rate at 6.25 per cent.
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Markets cautious ahead of of RBI policy decision, Sensex down 100 points
Business | Dec 06, 2017, 10:23 AM ISTThe benchmark BSE Sensex fell further by 100 points in early trade today due to selling in interest-sensitive stocks ahead of RBI's policy announcement later in the day.
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RBI expected to hold key interest rate in MPC meet on Wednesday
Business | Dec 04, 2017, 01:16 PM ISTAt its previous bi-monthly policy review here in October, the RBI had maintained status quo on its repo, or short term lending rate for commercial banks, at six per cent, citing risks to inflation and uncertainties on the external and fiscal fronts.
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RBI may hold rates on December 5 citing inflation worries: Icra
Business | Dec 03, 2017, 10:35 AM ISTThe retail inflation or consumer price index based-inflation inched up to a seven-month high of 3.58 per cent in October from 3.28 per cent in September.
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Interest rates unchanged, growth forecast lowered: 10 key takeaways from RBI's monetary policy statement
Business | Oct 04, 2017, 03:52 PM ISTOnly one from the six-member monetary policy committee pressed for lowering rates by at least 25 basis points.
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RBI monetary policy statement: Rate cut or status quo? 5 factors to watch out for
Business | Oct 04, 2017, 02:48 PM ISTIn August this year, the RBI's monetary policy committee had decided to lower interest rates to 6 per cent.
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Markets cautious ahead of RBI policy review outcome; Sensex, Nifty open flat
Business | Oct 04, 2017, 09:58 AM ISTThe fourth bi-monthly monetary policy statement for 2017-18, to be released today, is being keenly awaited by all stakeholders.
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Sensex pulls 332 points higher ahead of RBI meet, on global cues
Business | Oct 03, 2017, 11:03 AM ISTSensex surged 332 points and the Nifty was back on top of 9,800 on optimistic buying ahead of RBI policy review.
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India Inc welcomes RBI move, but not too joyed by 25 bps rate cut
Aug 03, 2017, 11:19 AM ISTIndustry believes the RBI's move to cut interest rates by 0.25 per cent was long due, but there was more that could have been done