rbi meeting today

The decision of the six-member rate setting panel was announced by the Governor. For people who have taken loans or who are planning to take, expect an increase in their EMIs to accommodate the rate hike. The RBI’s…

The Reserve Bank on Thursday marginally revised upwards the economic growth projection for the current fiscal to 6.5%, from its earlier estimate of 6.4%.Unveiling the first bi-monthly monetary policy of 2023-24 fiscal, RBI Governor…

The RBI projected marginal easing in retail inflation to 5.2% in the current fiscal, but cautioned that the fight against inflation is far from over. (Representative image)Indian Rupee moved in an orderly manner in 2022 and continues to be…

In his monetary policy address, Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday announced a pilot project wherein a QR code-based coin vending machine will be launched for customers to draw coins through UPI payment…

The Monetary Policy Committee meeting of the Reserve Bank of India has begun on Monday against the backdrop of retail inflation remaining below the mandated 6 per cent upper limit and a projected slowdown in GDP growth in the next fiscal.…

India’s central bank reiterated its resolve to fight inflation, while slowing the pace of increase in borrowing costs in a signal it’s nearing the peak rate.The Reserve Bank of India’s six-member Monetary Policy Committee voted 5-1 to…

The Reserve Bank of India (RBI) on Thursday retained its inflation projection for the financial year 2022-23 at 6.7 per cent. The Consumer Price Index (CPI)-based inflation has remained above the RBI’s upper tolerance limit of 6 per cent…

The RBI’s Monetary Policy Committee (MPC) on Friday decided to raise the repo rate by 50 basis points (bps) to 5.9 per cent with immediate effect and maintained the stance at the ‘withdrawal of accommodation’. It has revised downwards FY23…

India’s central bank raised its key interest rate and moved to drain liquidity from the banking system in a surprise move Wednesday, sending bonds and stocks crashing, as it intensified the battle against inflation that’s outpaced its…

Image Source : PTI (FILE) Reserve Bank Governor Shaktikanta Das Highlights RBI Governor Shaktikanta Das said…