rbi monetary policy today

The Monetary Policy Committee (MPC) of the Reserve Bank of India on December 7 increased the repo rate by 35 basis points (bps) to 6.25%, and the Standing Deposit Facility stands raised to 6%.The MPC’s majority view was to withdraw…

RBI Governor Shaktikanta Das on Friday announced that the central bank's Monetary Policy Committee (MPC) has hiked the repo rate - or the key lending rate - by 50 basis points (bps) to a three-year high of 5.9 per cent. The country is…

Even as the Reserve Bank of India (RBI) has raised the inflation forecast for 2022-23 by 100 basis points (bps) to 6.7 per cent, the projection is above the central bank’s mandate of keeping the retail inflation between 2 per cent and 6 per…

The RBI has also proposed to permit rural cooperative banks to extend finance to 'commercial real estate– residential housing'.The individual housing loan limits for UBCs and RCBs were last fixed in 2011 and 2009, respectively, and have now…

RBI Repo Rate Hike News: The Reserve Bank of India (RBI) on Tuesday hiked the benchmark lending rate by 50 basis points as inflation continues to remain above its comfort level. One basis point is one-hundredth of a percentage point. …

RBI Monetary Policy Meet: Monetary Policy Committee hiked the policy repo rate by 50 basis points - a second hike in two months after May's off-cycle meeting increased the rate to 4.4 per cent. Retail inflation is likely to hover around…

Image Source : PTI (FILE) Monetary Policy: Will RBI maintain status quo or hike interest rates? Announcement at 10 am Reserve Bank of India (RBI) Governor Shaktikanta Das will announce the decision of the Monetary Policy Committee…

Reserve Bank of India (RBI) will announce the decision of its bi-monthly monetary policy on February 10. India’s central bank will likely to maintain the status quo on the benchmark interest rate or repo rate amid inflationary concerns. RBI…