Sun, Dec 31, 2023
The growth moved up to 7.8 per cent in the June quarter and was 7.6 per cent in the September quarter. For the first six months of this fiscal, the growth was 7.7 per cent.
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Fri, Dec 08, 2023
RBI Monetary Policy HIGHLIGHTS, RBI MPC Meet Dec 2023, Repo Rate: RBI Governor Shaktikanta Das announced a status quo on the repo rate, as widely expected, in the MPC's last scheduled policy review of 2023. Catch all the highlights here.
Tue, Nov 14, 2023
Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
Tue, Oct 24, 2023
India's inflation breached the rate-setting panel's 6 per cent upper tolerance limit in five of the last 12 months, but stayed between 4 per cent and 6 per cent in the other seven, including easing to 5 per cent in September after two months of food cost-driven spikes.
Fri, Oct 06, 2023
The Reserve Bank of India has kept the repo rate unchanged at 6.5 per cent for the fourth consecutive time. A rise in repo rate adversely affects debt mutual funds as they mainly invest in bonds and bond yields often fall with hike in repo rate.
What was special in RBI Monetary Policy? Learn from Ajay Bagga, Chairman, Elements Platforms
RBI MPC Meeting Live Updates, RBI Monetary policy repo rate: Catch latest updates on the RBI policy, market expectations, expert views, real-time analysis, and much more, only on the Zeebiz.com blog.
Thu, Aug 10, 2023
The RBI Governor noted that headline inflation rose in June and is expected to surge in July as well as August due to vegetable prices.
RBI MPC Meeting HIGHLIGHTS: RBI Governor Shaktikanta Das-led Monetary Policy Committee (MPC) on August 10 announced a pause on the repo rate — or the key interest rate at which the RBI lends money to commercial banks, in line with economists' expectations. Catch highlights of the August MPC review and expert views — and much more — only on Zeebiz.com's blog.
Wed, Aug 09, 2023
The repo rate was last raised by the RBI in February and stands at 6.5 per cent presently. Repo rate or repurchasing option rate is the rate at which banks borrow money from the RBI.
RBI's monetary policy will come tomorrow, what is the opinion of the experts? What will RBI do about inflation and growth?
Thu, Jun 08, 2023
The Reserve Bank of India (RBI) may cut the policy rate in the fourth quarter of this year. Oxford Economics has estimated this. The global forecasting company has said that there are many factors due to which the central bank can make its stance more liberal.
RBI: Big news has come regarding the monetary policy meeting of RBI. There has been no change in the interest rates in this meeting of RBI. The repo rate remains unchanged at 6.5%.
Announcing the decision of the MPC that met for three days from June 6 - 8, Das said the Rupay debit and credit cards are gaining increased acceptance abroad.
When it comes to your home loan EMI, can you expect good news from the RBI anytime soon? The central bank has once again maintained a status quo on the repo rate — the benchmark rate that determines the interest you pay on your home loan — and left its policy stance unchanged, as widely expected.
The RBI's monetary policy committee (MPC) left the repo rate at 6.50 per cent for a second straight meeting.
Tue, Jun 06, 2023
RBI MPC Meeting HIGHLIGHTS: RBI Governor Shaktikanta Das-led Monetary Policy Committee (MPC) announced its decision to leave the repo rate — the key interest rate at which the RBI lends money to commercial banks — unchanged at the existing 6.5 per cent on June 8. The RBI Governor said inflation appears to be easing but continues to be above the central bank's target. The status quo on the key lending rate as well as the policy stance comes days after official data showed India's GDP expanded 6.1 per cent in the March quarter. Catch latest updates on the RBI policy, market expectations, expert views, real-time analysis and much more on the RBI policy review, only on Zeebiz.com's blog.
Thu, Apr 20, 2023
RBI governor Das, along with the five other members of the Monetary Policy Committee, voted for a pause in rate hike earlier this month.
Tue, Apr 11, 2023
Bank of Baroda (BANKBARODA) — India's second largest PSU lender after SBI — on Tuesday hiked its MCLR or marginal cost of funds-based lending rate for select tenors by five basis points, effective April 12. The hike in the key interest rate by Bank of Baroda comes days after the RBI announced a status quo on the repo rate though not committing to the end of hikes in the current cycle of monetary policy tightening.
Sat, Apr 08, 2023
The Reserve Bank of India’s (RBI) monetary policy committee earlier this week unexpectedly kept the benchmark rate unchanged after hiking it by a cumulative 250 basis points in 11 months, however, it pledged to hike the interest rate again if needed.
Thu, Apr 06, 2023
The Reserve Bank of India's monetary policy committee has decided to keep repo rate unchanged at 6.5%. What were the reasons for keeping the repo rate 'unchanged' ? How much relief to the common man from this decision? What will be its impact on growth? How will be the situation of inflation after this decision? Watch this special discussion of Aapki Khabar Aapka Fayda.
In the first monetary policy meet of the financial year 2023-24, RBI decided to maintain the status quo on the repo rate as the central bank aims to align inflation with target while focusing on growth.
The Reserve Bank of India's monetary policy committee has decided to keep repo rate unchanged at 6.5%.
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