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monetary policy committee
RBI may maintain status-quo on interest rate, say experts – Times of India
NEW DELHI: The Reserve Bank of India (RBI)is likely to maintain status-quo on the key interest rates for the third time in a row in its upcoming bi-monthly policy review despite the US Federal Reserve and the European Central Bank hiking…
India’s disinflation process to be slow & protracted: RBI Governor Shaktikanta Das
Explaining the rationale behind the pause in rate hikes in the last two MPC meetings, Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday said that the disinflation process in India is likely to be slow and protracted with…
RBI MPC June 2023: Rate Hike Pause, El Nino And Inflation; What Industry Expects?
RBI MPC June 2023: The Reserve Bank’s rate-setting monetary policy panel began deliberations on Tuesday (June 6) amid expectations that the central bank will keep the benchmark interest rates unchanged at 6.5% on the back of easing retail…
RBI Holds Interest Rate Hike Again; Home Buyers Set To Get Relief
In April 2023 MPC decision, RBI Governor Shaktikanta Das had said the MPC would not hesitate to take action in the future. (File photo)The government has mandated the RBI to ensure CPI inflation at 4 per cent with a margin of 2 per cent on…
RBI MPC: Keeping ‘Arjuna’s Eye’ On Inflation, Expected To Be Above Target In 2023
RBI MPC June 2023: Announcing the decisions of Monetary Policy Committee meeting, RBI Governor Shaktikanta Das on June 8 said headline inflation is above the target of 4% and expected to remain so during rest of the year. On the other hand,…
‘Crop shortages could quicken inflation following MSP hikes’
“In case of any shortfall in production of any crop, prices can increase at a faster rate and add to inflation.”
| Photo Credit: MOHD ARIF
The inflationary impact of the 5%–11% increase in the minimum support price (MSP) for farm produce…
RBI holds rates but signals tight monetary policy ahead
India's central bank kept its key lending rate steady for a second straight policy meeting on Thursday, as widely expected, but signalled that monetary conditions will remain tight for some time as it looks to further curb inflationary…
RBI’s decision to keep repo rate unchanged on expected lines: SBI chief Dinesh Khara –…
NEW DELHI: After the RBI's decision to unanimously keep the repo rate unchanged at 6.5 per cent, State Bank of India chairman Dinesh Kharaon Thursday said that the decision was on "expected lines".The repo rate is the rate of interest at…
Markets continue to trade higher post RBI policy decision
Representational image only.
| Photo Credit: Reuters
Equity indices continued their rally in morning trade on June 8 after the Reserve Bank of India (RBI) opted for a pause second time in a row, maintaining key benchmark policy rate at…