Rbi Monetary Policy
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RBI monetary policy: Central bank unlikely to cut report rate or change status on Oct 9
Business | Oct 02, 2024, 05:48 PM ISTDespite inflation falling below the apex bank's target of 4 per cent for the past two months, the policy rates will not change in the MPC meeting commencing on October 7, as per BoB report.
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RBI Monetary Policy for 2022 | All you need to know
Business | Aug 30, 2022, 12:57 PM ISTRBI monetary policy aims to realize the medium-term target of 4 % for consumer price index (CPI) inflation with a range of plus or minus two percent.
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RBI retains growth forecast at 7.2 per cent for current fiscal
Business | Aug 05, 2022, 12:53 PM ISTRBI monetary policy: The RBI expects growth in the first quarter of the current fiscal at 16.2 per cent, which will taper to 4 per cent by the fourth quarter.
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RBI hikes lending rate by 50 basis points; home loans, EMIs to get costlier
Business | Aug 05, 2022, 11:11 AM ISTThe latest RBI action follows the Bank of England raising rate by 50 basis points, the biggest hike in 27 years, to 1.75 per cent.
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RBI projects retail inflation at 4.5% in FY23
Business | Feb 10, 2022, 12:50 PM ISTRBI Governor Shaktikanta Das said the monetary policy committee decided to hold the lending rate, or the repo rate, steady at 4 per cent, and its reverse repo, or the rate at which it absorbs excess cash from lenders - unchanged at 3.35 per cent.
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RBI likely to change policy stance, hike interest rates by 100 basis points this year
Business | Jan 13, 2022, 05:26 PM ISTDespite GDP and industrial growth rates being fragile and volatile, the RBI is likely to start raising the policy rate in the near future by up to 100 bps in 2022.
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RBI likely to keep key policy rate unchanged: Experts
Business | Dec 05, 2021, 02:30 PM ISTIf the RBI maintains status quo in policy rates on Wednesday, it would be the ninth 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 may again opt for status quo on key policy rate next week, say experts
Business | Oct 03, 2021, 01:18 PM ISTThe Reserve Bank had last cut repo rate by 40 basis points in May 2020 to 4 per cent to spur demand in the COVID-hit economy. Since then, the RBI has refrained from taking any action on interest rates.
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RBI raises retail inflation projection for FY22 to 5.7 per cent
Business | Aug 06, 2021, 12:11 PM ISTIn the previous Monetary Policy Committee (MPC) meeting in June, the RB''s CPI inflation projection for the current fiscal stood at 5.1 per cent.
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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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Amid surge in COVID-19 cases, RBI likely to maintain status quo: Experts
Business | Mar 28, 2021, 02:40 PM ISTThe RBI is slated to announce its first bi-monthly monetary policy of the 2021-22 fiscal on April 7, 2021 after a three-day meeting of the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das.
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RBI projects 6.8 per cent retail inflation in December quarter
Business | Dec 04, 2020, 11:52 AM ISTCPI inflation rose sharply to 7.3 per cent in September and further to 7.6 per cent in October, RBI Governor Shaktikanta Das said while unveiling its bi-monthly monetary policy review.
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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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RBI's MPC starts deliberation on policy rate, will announce monetary policy review on Dec 4
Business | Dec 02, 2020, 02:54 PM ISTBrickwork Ratings(BWR) in a report said that given the continued contraction of the economy, MPC is likely to continue with its accommodative monetary policy stance to manage financial stability and support growth recovery.
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RBI likely to maintain status quo for 3rd straight time on inflation concerns
Business | Nov 29, 2020, 04:37 PM ISTThe Reserve Bank is likely to keep the benchmark interest rates unchanged in its next monetary policy review in view of heightened retail inflation which has persistently remained above its comfort level, feel experts.
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RBI Monetary Policy: Repo rate unchanged, GDP to fall by 9.5 per cent
Business | Oct 09, 2020, 10:36 AM ISTReserve Bank of India (RBI) Monetary Policy Committee decided to hold key policy rates unchanged at existing levels on Friday amid high inflation, said Governor Shaktikanta Das. Three new external members in the panel voted in today's decision.
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RBI's Monetary Policy Committee begins deliberations, rate cut unlikely
Business | Oct 07, 2020, 10:47 PM ISTThe newly-constituted Monetary Policy Committee (MPC) of the Reserve Bank began its three-day deliberations on Wednesday, amid expectations that the central bank will maintain status quo on the benchmark lending rates in view of hardening inflation.
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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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RBI Governor Shaktikanta Das press conference | HIGHLIGHTS
Business | May 22, 2020, 10:36 AM ISTThe Reserve Bank of India (RBI) Governor Shaktikanta Das addressed a press conference on Friday. The briefing comes days after Finance Minister Nirmala Sitharaman had given the details of the Rs 20 lakh crore economic relief package announced by Prime Minister Narendra Modi last week.
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RBI Moratorium: 10% provisioning may shave Rs 35,000 cr off bank profits
Business | Apr 19, 2020, 03:06 PM ISTThe Reserve Bank of India''s directive asking banks to make 10 per cent provisions on all moratorium loans will shave at least Rs 35,000 crore off their profitability in financial years 2019-20 and 2020-21, according to a report.