Wed, Apr 05, 2023
RBI MPC rate decision: Is another repo rate hike on the cards? RBI Governor Shaktikanta Das-led Monetary Policy Committee — the central bank's panel that decides benchmark interest rates for the country — is all set to reveal its take on the repo rate at 10 am on Thursday, after the conclusion of three-day bi-monthly deliberations. Here's what economists expect from the RBI's all-powerful MPC on April 6.
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Sun, Mar 26, 2023
The Monetary Policy Committee (MPC) of the Reserve Bank will be meeting for three days on April 3, 5 and 6 to consider various domestic and global factors before coming out with the first bi-monthly monetary policy for fiscal 2023-24.
Sun, Feb 05, 2023
RBI's rate-setting panel - Monetary Policy Committee (MPC) - will start its three-day deliberations on Monday. The decision will be announced on February 8.
Wed, Dec 07, 2022
RBI MPC Meeting December 2022 Live Updates: The key benchmark lending rate has been hiked 50 basis points (bps) thrice by RBI since this June.
Thu, Sep 29, 2022
The Reserve Bank of India’s (RBI) monetary policy committee meeting is currently underway, and the central bank will come out its decision on Friday, September 30, 2022. The central bank so far has increased 140 basis points in the key rate since May.
Wed, Jun 08, 2022
The central bank raised the interest rate by 50 basis points to a two-year high of 4.9 per cent as it doubled down to tame inflation that has surged in the last couple of months.
RBI Governor Shaktikanta Das said the upside risk to inflation persists and the recent spike in tomato prices would fuel food inflation. Also, high global crude oil prices would add to the upside pressure on inflation.
"It is proposed to allow linking of credit cards to UPI," RBI Governor Shaktikanta Das said while announcing the regulatory moves, along with the bi-monthly policy review.
With the Reserve Bank of India raising the key interest rate as expected, the rate-sensitive sectors, mainly banking and financials, gained immediately after the monetary policy announcement.
According to the Governor, the food, energy and commodity prices have been elevated and the process of recovery in emerging markets is getting affected, due to this, the inflation has jumped beyond the tolerance level.
Tue, Jun 07, 2022
The central bank is expected to raise the key interest rates to control the rising inflation tomorrow after the three-day Monetary Policy Committee (MPC) meeting concludes.
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