The announcement did not disappoint—RBI has cut the repo rate from 6.5% to 6.25%. This marks the first rate action by the RBI’s Monetary Policy Committee ... largely unchanged, as the 0. ...
And its rate is nudged up and down by the lender of last resort—the Reserve Bank of India (RBI) in our case—for good reason. It helps keep ... RBI’s Monetary Policy Committee (MPC) reset ...
the RBI under Malhotra tilted towards supporting growth in the inflation-growth trade-off. While the policy rate was reduced, the MPC kept the stance unchanged at neutral. This could imply a more ...
The RBI subsequently kept the rate unchanged for 11 consecutive times that the MPC met, most recently in December 2024, which was also the last one chaired by former RBI governor Shaktikanta Das. Many ...
In the policy meeting scheduled to be announced on June 7, the rate at which the RBI lends money to banks to meet their short-term funding needs is expected to remain unchanged. Urvil Patel's ...
"Reserve Bank of India Governor Shaktikanta Das experienced acidity and was admitted in Apollo Hospital, Chennai for observation,” said an RBI spokesperson In response to a post on X by the Reserve ...
Having commenced the easing cycle by cutting the benchmark repo rate by 25 basis points (bps) in its latest monetary policy committee (MPC) meeting, the Reserve Bank of India (RBI) will likely cut ...
As widely expected, the RBI MPC reduced the policy repo rate by 25 basis points (bp), to 6.25 percent. The decision was unanimous, with all six MPC members voting for a cut. The decline in ...
He further said that RBI took on board the current rupee-dollar rate while working out growth and inflation projections for the next financial year. Replying to a question, Finance Minister Sitharaman ...