RBI monetary policy

MUMBAI: Hinting that interest rates in India may remain higher for longer, Reserve Bank of India (RBI) governor Shaktikanta Das has said the disinflation processis likely to be slow and protracted. He said convergence to the inflation…

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…

Read more while supporting growth, Das said. In the previous monetary policy review in April 2023, the RBI MPC had surprisingly halted the rate hike cycle and kept the key repo unchanged at 6.50 per cent. The decision of the status quo came…

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…

Jun 08, 2023 12:58 PM IST A wrap-up: RBI Monetary Policy meet key points 1. MPC, decides to keep repo rate unchanged at 6.5%. To remain focussed on withdrawal of accommodation of policy stance.2. Retail inflation projection lowered to…

The Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 6.5% after a two-day monetary policy meeting on Thursday as widely anticipated, the second consecutive time it held rates steady, signalling cooling inflation and…

Banks will now be able to issue RuPay Prepaid Forex cards, Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Monday while reading out the monetary policy statement after a three-day deliberation. The move will…

Reserve Bank of India (RBI) Governor Shaktikanta Das announces the central bank’s monetary policy statement, Thursday, June 8, 2023. | Photo Credit: PTI The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), on the basis…

RBI Monetary Policy Committee Meet Live: When, Where & How to Watch Shaktikanta Das Address RBI press conference. (File photo)RBI governor will address a press conference at 12:00 pm on Thursday.The Reserve Bank of India’s rate-setting…

Representational image only. | Photo Credit: The Hindu The Rupee gained eight paise to 82.52 against the U.S. dollar in early trade on June 7 amid a positive trend in domestic equities.The domestic currency is trading in a narrow range as…