Tue, Dec 10, 2024
The appointment of Sanjay Malhotra as the new RBI Governor "cements" the possibility of a rate cut at the next policy review in February, analysts said on Tuesday. Outgoing Governor Shaktikanta Das was "sticking to his guns" on rates as seen at the December 6 meeting where the rate setting panel headed by him continued with a status quo on rates, they said.
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Fri, Dec 06, 2024
Credit line on UPI has the potential to make available low-ticket, low-tenor products to ‘new-to-credit’ customers. SFBs leverage a high-tech, low-cost model to reach the last-mile customer and can play an enabling role in expanding the reach of credit on UPI.
RBI MPC December Review HIGHLIGHTS: RBI Governor Shaktikanta Das announced a status quo on the repo rate on Friday, December 6, as he presented the key decisions taken by the Monetary Policy Committee in its three-day, bi-monthly meeting. This is the last scheduled bi-monthly policy review of the calendar year.
Sun, Aug 06, 2023
Other major factors such as global market trends, the movement of oil prices and the trading activity of foreign investors would also influence trading, analysts added.
Thu, Jun 08, 2023
The RBI Governor reiterated the RBI’s medium-term target of four per cent for headline inflation, stating that consumer prices appear to be easing but remain above the central bank’s goal.
Announcing the bi-monthly monetary policy, The Reserve Bank of India (RBI) Governor Shaktikanta Das said the Monetary Policy Committee (MPC) unanimously decided to keep the rate unchanged at 6.5 per cent.
Gold price today (June 8, 2023): MCX gold futures (Aug 4) traded flat at Rs 59,505 per 10 grams. Here's what analyst suggest.
Thu, Apr 06, 2023
In the first monetary policy meet of the financial year 2023-24, RBI decided to maintain the status quo on the repo rate as the central bank aims to align inflation with target while focusing on growth.
Mon, Apr 03, 2023
Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex finished a choppy day in the green on Monday, as the Indian stock market entered a three-session, holiday-truncated week on account of Mahavir Jayanti and Good Friday holidays. Catch minute-by-minute updates on all the action in the Indian stock market on April 3 — the last trading session and the last day of the financial year 2022-23, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.
Thu, Feb 09, 2023
In the latest Reserve Bank of India MPC meeting, RBI Governor Shaktikanta Das, announced that QR code-based coin vending machines in 12 cities soon. This will enhance the ease of access to coins, and distribution of coins using machines.
Wed, Feb 08, 2023
RBI Governor Shaktikanta Das announced in bi-monthly monetary policy meeting that RBI will be extending UPI facilities to inbound travelers for merchant payments, starting with G20 countries.
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday hiked the repo rate by 25 basis points to 6.50%.
Mon, Feb 06, 2023
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 bps repo rate hike in its forthcoming bi-monthly monetary policy on February 8.
Sun, Dec 18, 2022
The monetary policy committee (MPC) of the Reserve Bank of India (RBI) on December 7, 2022, announced a fifth straight hike in the benchmark interest rates by 35 basis points to 6.25 per cent with a 5:1 unanimous voting by a six-member panel.
Thu, Dec 08, 2022
The effective Repo Based Lending Rate (RBLR) with effect from December 7 is 9.10 per cent as per the revised repo rate (6.25 per cent), state-owned Bank of India posted on its website. Private sector HDFC Bank has hiked its marginal cost of funds-based lending rate (MCLR) effective Wednesday.
Wed, Dec 07, 2022
Reserve Bank of India today raised the repo rate by 35 basis points to 6.25%. The RBI policy rate is now at its highest level since August 2018.
Tue, Dec 06, 2022
RBI has hiked interest rate by 50 basis points (bps) thrice since June, over and above an off-cycle 40 bps increase in the repo in May.
Mon, Dec 05, 2022
The RBI's MPC has been on a rate hike spree since May 2022 on the back of higher inflation led by rising commodity prices.
Wed, Nov 02, 2022
RBI MPC Meeting, RBI Governor Shaktikant Das Speech Live: The six-member rate-setting panel is headed by RBI Governor Shaktikanta Das. Das will address the media on Thursday morning wherein he will announce the decision taken during the MPC meeting.
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.
Sun, Oct 30, 2022
The RBI`s Monetary Policy Committee (MPC) will meet on November 3 to discuss what it would tell the Centre as to why it was not able to restrain the inflation.
Sun, Oct 23, 2022
"It contributed to the buoyancy in taxes the country is benefitting from today. This helps us move towards the ideal of low tax rates on a large base," she told PTI.
Fri, Sep 30, 2022
Zee Business Top Picks 28th Sep'22: RBI Monetary Policy Review: Reactions to MPC by experts, analysts and industry leaders - Who said what?
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