Monetary Policy
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RBI cuts key rate: Five factors that triggered the decision
Aug 02, 2017, 04:25 PM ISTIn first rate cut since October 2016, the Reserve Bank of India on Wednesday slashed benchmark lending rate by 25 basis points from 6.25 per cent to 6.0 per cent.
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10 key takeaways from RBI’s third bi-monthly Monetary Policy Statement
Aug 02, 2017, 04:02 PM ISTThe RBI today announced a 25bps cut in repo rate following a decision by the six-member Monetary Policy Committee headed by RBI Governor Urjit Patel which held a two-day meet to deliberate on the bank's stance on key policy rates
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Key meet of RBI's Monetary Policy Committee begins, decision on rates tomorrow
Aug 01, 2017, 04:17 PM ISTThe meeting's outcome tomorrow is being keenly awaited by all stakeholders including industry and stock markets
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Analysts divided over future course of monetary policy
Jun 09, 2017, 05:22 PM ISTThe RBI, which is mandated to ensure that inflation is at 4 per cent in the medium-term, chose to go for a status quo in the rates at its review this week.
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CEA flays central bank’s status quo on rates as Urjit Patel asserts RBI autonomy
Jun 08, 2017, 12:11 PM ISTCEA Arvind Subramanain blamed the RBI’s inflation forecasting methodology and said the errors have been large and systematically one-sided in overstating inflation
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Monetary Policy Review: RBI holds repo rate at 6.25 pc, cuts growth projection to 7.3 pc
Jun 07, 2017, 03:15 PM ISTThe Monetary Policy Committee, headed by RBI Governor Urjit Patel, today decided to keep the key policy rates unchanged, while marginally slashing its growth projection for the current fiscal
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Monetary policy review: RBI to keep policy rate unchanged on June 7, say experts
Jun 04, 2017, 02:12 PM ISTThe RBI is likely to maintain status quo at its monetary policy review on Wednesday as it would like to gauge the impact of GST rollout on inflation, experts say.
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RBI unlikely to cut rates in today’s monetary policy review
Apr 06, 2017, 10:21 AM ISTThe Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, began its two-day meeting yesterday here, with experts saying that the central bank is likely to hold the rates in view of hardening inflation.
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Monetary Policy: Urjit Patel-led panel likely to maintain status quo on Feb 8
Feb 05, 2017, 12:29 PM ISTThe Reserve Bank of India (RBI) is unlikely to lower benchmark interest rate at its policy review meet this week.
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Policy rate unchanged at 6.25 pc; RBI cuts growth forecast to 7.1 pc
Dec 07, 2016, 11:22 PM ISTThe Reserve Bank of India (RBI) today kept the key lending rates at 6.25 per cent during the last monetary policy review of the calendar year 2016. The reverse repurchase rate now also automatically stands lowered to 5.75 per cent.
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RBI cuts Repo rate by 25 bps to 6.25 per cent, EMIs likely to fall
Oct 04, 2016, 04:16 PM ISTThe Reserve Bank of India on Tuesday cut repo rate by 25 basis points to 6.25 per cent from 6.50 per cent in its fourth bi-monthly policy statement for the year 2016-17. All six member
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Govt appoints three academics as members to Monetary Policy Committee
Sep 22, 2016, 05:16 PM ISTThe government has appointed three academics - Chetan Ghate, Pami Dua and Ravindra H Dholakia- as members on interest-rate setting Monetary Policy Committee.
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Raghuram Rajan's independent monetary policy update on Tuesday will be last by a RBI governor
Aug 07, 2016, 10:56 AM ISTThe coming week will mark the last independent monetary policy update by a RBI governor as the outgoing chief of the central bank will make his last call on the policy on Tuesday. The Reserve
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Monetary policy reform: Govt sets 4 pc inflation target for next 5 years
Aug 05, 2016, 05:52 PM ISTMoving towards a new regime, the central government today notified 4 per cent inflation target for the next five years, based on which the new interest rate setting panel would take its monetary policy decisions
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Markets negate RBI’s 25 bps rate cut, Sensex nosedives over 500 points
Apr 05, 2016, 04:41 PM ISTReserve Bank f India’s rate cut of 25 basis points has failed to enthuse equity markets, with the BSE Sensex plunging 516 points to end at 24,833.16 points. Nifty too cracked 155.60 points to and closed at 7,603 points.
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RBI likely to cut interest rate by minimum quarter per cent point
Apr 05, 2016, 07:49 AM ISTAt the new fiscal's first bi-monthly monetary policy review today, Reserve Bank of India (RBI) Governor Raghuram Rajan is widely expected to cut interest rates by at least a quarter of a percentage point on the back of the Union Budget's fiscal prude
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Raghuram Rajan for new global pact to deal with monetary policy issues
Mar 21, 2016, 10:42 PM ISTRaghuram Rajan for new global pact to deal with monetary policy issues
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Budget 2016: Monetary policy panel to have 6 members; RBI governor to head the panel
Feb 29, 2016, 11:34 PM ISTNew Delhi: The government on Monday proposed to amend the RBI Act for setting up the Monetary Policy Committee consisting of six members and headed by RBI Governor to fix the benchmark interest rates and inflation
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Govt prepares a new draft bill to curtail RBI Governor's power
Oct 22, 2015, 10:31 AM ISTNew Delhi: The Narendra Modi government has prepared a draft bill proposing to curtail exclusive powers of RBI Governor in setting monetary policy.According to a NDTV report, the bill proposes a seven-member committee including four
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Decision on Indian Financial Code after public comments: Arun Jaitley
Jul 27, 2015, 05:25 PM ISTNew Delhi: Finance Minister Arun Jaitley on Monday said the government will -- after receiving comments from stakeholders -- decide on the draft Indian Financial Code, which proposes to remove the RBI governor's veto right