Mon, Sep 16, 2024
The RBI kept the repo rate unchanged at 6.5 per cent for the ninth time in a row amid risks from higher food inflation. In the August meeting, four of six MPC members voted in favour of the status quo.
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Fri, Oct 20, 2023
"Inflation prints for September and October will need to be monitored carefully to look out for the moderation that our projections anticipate," RBI Deputy Governor Michael Debabrata Patra said.
Thu, Aug 24, 2023
MPC to closely monitor the factors impacting inflation and take necessary action, although it expects the recent spike in food prices to be short-lived, minutes of the latest MPC meeting showed.
Sun, Aug 07, 2016
The shift in monetary policy stance to target inflation is "credit positive" for India's sovereign rating as it will help keep price rise pressures under check, Moody's Investors Service said on Sunday.
Raghuram Rajan will on Tuesday conduct what will be his last monetary policy update for the Reserve Bank of India (RBI) and also, perhaps, the last that a central bank governor can henceforth undertake independently.
Mon, Aug 01, 2016
The government has yet to appoint a replacement for Rajan, a former International Monetary Fund chief economist whose appointment in 2013 had boosted investor confidence in India`s management of its economy.
Thu, Jun 30, 2016
Reserve Bank of India (RBI) Governor Raghuram Rajan on Thursday said that the current tenure for the central bank's Governor is too short and should be extended to four-years.
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