Fri, Nov 04, 2022
LIVE: RBI MPC Meeting Outcome November 2022: The rate setting panel of Reserve Bank of India (RBI) met on Thursday to discuss and draft a report for the government on why it failed to keep retail inflation below the target of 6 per cent for three consecutive quarters since January this year. The meeting was chaired by RBI Governor Shaktikanta Das and attended by all MPC members -- Michael Debabrata Patra, Rajiv Ranjan, Shashanka Bhide, Ashima Goyal and Jayanth R Varma. Here are all the LIVE UPDATES, Latest News of RBI MPC Meeting Outcome 3rd November 2022:-
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Mon, Oct 31, 2022
Monetary Policy Committee (MPC) Meeting: The Reserve Bank will submit a report to the government on its failure to keep the retail inflation rate below six per cent for three consecutive quarters beginning January 2022.
Tue, Aug 02, 2022
The Reserve Bank of India's rate-setting panel on Wednesday began its three-day deliberations on the next bi-monthly monetary policy amid expectations of at least a 35-basis-point hike in the interest rate to check high retail inflation. Both the central bank and the government have been taking steps to contain inflation which is ruling above thye RBI's comfort level of 6 per cent since January this year. Here are all LIVE UPDATES:-
Wed, Jun 08, 2022
Real GDP growth for the year has been retained at 7.2%. MPC noted that inflation is likely to remain elevated for the first three quarters of the current financial year, seeing inflation fot the year at 6.7%.
Thu, Oct 07, 2021
The outcome of the monetary policy review meeting of the Reserve Bank of India will be announced tomorrow. In such a situation, everyone's eyes are on whether the RBI will increase the interest rates this time or not.
Sun, May 30, 2021
The meeting of RBI Governor Shaktikanta Das-headed rate setting panel is scheduled for June 2 to 4.
Mon, Dec 04, 2017
The central bank had earlier, in August reduced the repo, or its repurchase rate by 0.25 percentage points to six per cent.
Mon, Oct 02, 2017
Several experts and industry bodies too have made a strong case for lowering of the key interest rate in view of subdued inflation and the urgency to propel economic growth.
Sat, Sep 23, 2017
The statement comes ahead of the Reserve Bank's bi-monthly monetary policy decision to be announced on October 4.
Wed, Aug 02, 2017
The decision was taken considering the majority of MPC, as four out of six MPC members were in favour of 25 bps cut in policy rate.
Policy repo rate stands at 6.25% presently. Markets are expecting a rate cut while few analysts believe it would be another status quo in this monetary policy review.
Wed, Jun 21, 2017
Urjit Patel, during the MPC meeting held on June 6-7, also underlined the need for resolution of stressed assets of banks and timely recapitalisation of public sector lenders.
Thu, Jun 08, 2017
Urjit Patel was asked if the finance ministry invite was an assault on the independence and autonomy of the RBI.
Tue, Dec 27, 2016
Prime Minister Narendra Modi and Finance Minister Arun Jaitley will meet NITI Aayog officials, economists and experts on Tuesday to get their views on the upcoming Budget 2017-18.
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