RESERVE BANK OF INDIAS MONETARY POLICY COMMITTEE
RBI Governor Shaktikanta Das Post Monetary Policy Press Conference
On Thursday, the Reserve Bank of India’s rate-setting panel, the Monetary Policy Committee (MPC), kept the repo rate unchanged at 6.5 percent for the sixth time in a row.The MPC also decided with a majority of 5:1 to remain focused on withdrawal of accommodation, keeping the stance u...
Monetary Policy Statement by Shaktikanta Das, Governor of the Reserve Bank of India (RBI)
Synopsis: Reserve Bank Governor Shaktikanta Das will announce the bi-monthly policy on Thursday, February 8. The announcement is expected to maintain a status quo on the key interest rate due to inflation remaining near the upper tolerance level of 6%. Although...
RBI projects GDP growth at 7%, inflation at 4.5% for FY 2024-2025
The Reserve Bank on Friday retained GDP growth forecast of 7 per cent for 2024-25 financial year, lower than the 7.6 per cent expansion estimated for FY24. In its February monetary policy, the RBI had projected the GDP growth rate of 7 per cent for the financial year beginning April 1...
RBI's tone and tonality likely to be hawkish: ET Now on Credit Policy
The Reserve Bank of India’s rate-setting panel, Monetary Policy Committee (MPC), is likely to keep the repo rate unchanged at 6.5 per cent for the fifth consecutive time, shifting its focus on liquidity tightening, according to some economists. RBI's tone and tonality likely to be...
LIVE | RBI Monetary Policy: Post Monetary Policy press meet by RBI Governor Shaktikanta Das
With inflation under manageable limits and robust economic growth, the Reserve Bank of India (RBI) is expected to maintain its hawkish policy stance. The current conditions provide policymakers with limited space for contemplating interest rate cuts. Watch!LI...
RBI MPC meet: Key changes announced for electronic trading platforms, digital payments and AePS
The Reserve Bank of India (RBI) today released a major policy statement outlining several developmental and regulatory initiatives covering financial markets, regulations pertaining to lending institutions, and payment systems including digital currency a...
MPC: RBI projects 7% GDP growth for FY24-25; 4.5% inflation for next fiscal
The Reserve Bank of India (RBI) projects a 7% real GDP growth for the upcoming financial year 2024–25, up from the previous projection of 6.6%. This projection includes a growth rate of 7.2% in Q1, 6.8% in Q2, 7% in Q3, and 6.9% in Q4.MPC: RBI projects 7% GDP growth for FY24
PM Modi urges RBI to ponder over new proposals till Elections: After swearing-in ceremony…
On Monday, 1st April, Prime Minister Narendra Modi spoke at the commemoration ceremony of the Reserve Bank of India's 90th anniversary. He said the RBI has 100 days to ponder over new govt proposals.PM Modi urges RBI to ponder over new proposals till Elections
Post Monetary Policy Press Conference by RBI Governor Shaktikanta Das
The Reserve Bank of India's Monetary Policy Committee (MPC) announced its decisions. The Reserve Bank of India has raised the inflation aim to 5.4% from 5.1% forecast in the June policy. Today's central bank held the benchmark rate steady for a third straight time at 6.5% and reta
Reserve Bank of India keeps repo rate unchanged at 6.5%
Announcing the decision of the MPC after its three-day deliberations, RBI Governor Shaktikanta Das said on Friday that the committee unanimously decided to keep the repo rate at 6.5 per cent. The MPC is alert and prepared to take necessary actions that are needed, he said. The MPC met on Decemb
RBI MPC meet: Experts anticipate 25 bps rate hike on April 06; here's what else to expect
With retail inflation remaining above the comfort level of 6 per cent and most global peers including US Fed continuing hawkish stance, the Reserve Bank of India too may go in for a 25 basis points hike in the bi-monthly monetary policy to be announced on April
RBI chief Shaktikanta Das on monetary policy: India's disinflation process to be slow, protracted
The disinflation process in India will be slow and protracted, with the 4% inflation target likely to be met only over the medium term, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday. "The cumulative impact of our monetary policy a
India’s retail inflation rises to 4.81% in June on higher food prices; May factory output up 5.2%
India’s retail inflation surged to 4.81 per cent in June after hitting a 25-month low of 4.25 per cent in May on an annual basis, showed data released by the ministry of statistics on Wednesday. India's industrial production rose to 5.2 per cent in May
RBI Governor Shaktikanta Das addresses media post-monetary policy
The Reserve Bank of India's key repo rate was raised by 35 basis points (bps) on Wednesday as widely expected, the fifth straight increase, saying its battle against high inflation is not yet over.RBI Governor Shaktikanta Das addresses media post-monetary policy
Private consumption, rural demand to drive India's growth in Q1 of FY24: RBI's monthly bulletin
India's growth is likely to be driven primarily by private consumption, supported by reviving rural demand, and renewed buoyancy in manufacturing in the April-June quarter, stated the Reserve Bank of India's monthly bulletin. The article released on Monda
LIVE | RBI Monetary Policy Press Conference by Governor Shaktikanta Das
The Reserve Bank of India has decided to keep the key benchmark interest rate - repo rate - unchanged at 6.5 per cent with readiness to act should the situation so warrant, Governor Shaktikanta Das announced on Thursday, after a two-day monetary policy (MPC) meeting.LIVE | RBI M
RBI MPC meet begins: Here's what to expect on interest rate hike
The Reserve Bank of India's rate-setting monetary policy committee (MPC) on Tuesday began its three-day long deliberations on deciding the key repo rates. The panel will announce, on June 8, its decision whether to hold the rates (which it had done during it's previous meeting in April
RBI MPC meet: Central Bank raises repo rate by 35 bps to 6.25 %
The Reserve Bank of India's key repo rate was raised by 35 basis points (bps) on Wednesday as widely expected, the fifth straight increase, saying its battle against high inflation is not yet over. The monetary policy committee (MPC), comprising three members from the RBI and three exte
RBI credit policy: Here's what to expect from Monetary Policy Committee meeting
RBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC) started its three-day meeting on Monday amid expectations of a smaller 25 basis points rate increase or a pause on the rate hiking spree that started in May last year to check inflation. RBI credit polic
Post Monetary Policy Press Conference by RBI Governor Shaktikanta Das, watch!
The Reserve Bank of India-led rate-setting panel on Wednesday raised the country’s policy rate by 25 basis points in its last policy review of the fiscal year (FY23) amid moderating inflation. Watch Post Monetary Policy Press Conference by RBI Governor Shaktikanta Das. Pos
RBI MPC meet: Reserve Bank of India to hike repo rates by 50 bps?
The Reserve Bank of India is likely to hike the policy repo rate by 25 to 50 basis points on Friday, the third hike since the beginning of the current financial year, in order to tame the inflationary pressure. While the hike in policy interest rates is almost certain, analysts and ec
All eyes on Apr 6 RBI MPC meet: 25 bps rate hike on the cards
The Reserve Bank of India (RBI) is expected to hike the benchmark interest rate by 25 basis points in the bi-monthly monetary policy to be announced on April 6 (Thursday), under pressure to bring down retail inflation and keep pace with global peers.All eyes on Apr 6 RBI MPC meet: 25 bps
RBI to hold additional MPC meeting on November 3
The Reserve Bank of India on Thursday said that an additional meeting of its rate-setting panel, the Monetary Policy Committee (MPC) has been scheduled to take place on November 3.RBI to hold additional MPC meeting on November 3
RBI MPC meet: FY23 GDP growth revised downwards to 7%, says Shaktikanta Das
Reserve Bank of India governor Shaktikanta Das announced Friday that the Monetary Policy Committee (MPC), in its September meeting, decided to reduce its real GDP forecast for FY23 to 7.0%.RBI MPC meet: FY23 GDP growth revised downwards to 7%, says Shaktikanta Das
RBI raises repo rate by 50 bps to 5.4%
RBI Policy: The Reserve Bank of India-led Monetary Policy Committee on Friday increased the repo rate by 50 basis points to take it to pre-pandemic levels, as the monetary authority seeks to bring down inflation to its comfort band and in line with policy tightening by key central banks.RBI raises repo rate by
'Inflation remains unacceptably and uncomfortably high': RBI Guv Shaktikanta Das at MPC meeting
As per the minutes of the MPC meeting held between August 3-5, released on Friday, RBI Governor Shaktikanta Das said that though inflation has moderated and plateaued since its recent peak of April 2022, it remains unacceptably and uncomfortably high.'Inf
RBI rate hike: What does it mean for debt mutual fund investors?
In its latest monetary policy, the Reserve Bank of India raised the repo rate by 35 basis points to 6.25%. The RBI Governor also clarified that the fight against inflation would continue suggesting that there might be more rate hikes in the offing. So is it bad news for MF Investors? A
RBI will keep Arjuna's eye on inflation and will be nimble on actions: Guv Shaktikanta Das
Reserve Bank of India hiked the benchmark repo rate by 35 basis points to 6.25 per cent. This is the highest since February 2019 and is a measure to fight sticky inflation amid resilient economic activity. Here are the key outcomes from the last MPC meet of th
RBI calls special meet on November 3 to discuss spiralling inflation
RBI's MPC is set to meet outside its scheduled proceedings to discuss its failure to keep inflation below 6%. ET NOW's Ankur Mishra is here to give us a preview of what the committee is likely to discuss.RBI calls special meet on November 3 to discuss spiralling inflation
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