Wed, Oct 09, 2024
Key Takeaways from RBI MPC Meeting: Reserve Bank of India governor Shaktikanta Das kept the repo rate unchanged at 6.50 per cent for the 10th consecutive time. The monetary policy committee (MPC) announced a change in the policy stance to 'neutral'. There was no change in GDP forecast and CPI inflation estimates for FY25.
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Wed, Jun 08, 2022
The Reserve Bank of India (RBI) on Wednesday hiked key repo rate by 50 basis points (bps) to 4.90% in a bid to tame the scoring inflation in the country. this is the 2nd straight hike by central bank in 2 months and is expected to hike borrowing costs for corporates and individuals. here know what is Repo Rate.
Wed, Aug 07, 2019
In the last few months, White label ATMs have grabbed attention of RBI, which is why a new set of norms has been introduced.
Fri, Oct 05, 2018
The bloodbath in markets is a roar for ‘no rate hike’, while the weakness in rupee cries out for an urgent need for a ‘rate hike’.
Ahead RBI Monetary Policy review meet announcement, the benchmark Sensex has plunged by as much as 256 points within a few minutes of opening. Meanwhile, the Nifty 50 was trading at 10,492.50 lower by 106.75 points or 1.01%.
Want to have the latest update on RBI Policy, Sensex and Nifty 50 performance. Here at Zeebiz we help you to track RBI stance on Repo rate, policy, CPI outlook, economy and global outlooks, apart from thatyou can track equities, companies & live developments on Indian market.
Thu, Oct 04, 2018
RBI Monetary Policy: Once again the analysts and experts opinions are split. However, majority is speculating about a rate hike.
Tue, Sep 25, 2018
Notably, now investment in Small Saving Schemes looks way more attractive than what banks are offering you.
Tue, Dec 05, 2017
In the last policy announcement, the monetary policy committee headed by RBI governor Urjit Patel kept repo rate unchanged at 6% with a neutral stance citing that rising consumer prices will threaten their trajectory for inflation.
Sun, Dec 03, 2017
Market observers opined that other factors such as the rupee`s movement against the US dollar, global crude oil prices and further economic reforms will impact investors` risk-taking appetite.
Rating agency Icra said although the CPI inflation for October is lower than the range of 4.2-4.6% for the second half of FY18 that the MPC had forecast in its previous review, and the recent revision in GST rates would ease price pressures, certain inflation risks persist.
Wed, Oct 04, 2017
India's fourth bi-montly monetary policy data for FY18 will be released by RBI October 04, 2017. At present, policy repo rate stands at 6%.
RBI has kept forecast for GVA growth unchanged at 7.3% in August 2017 policy compared to June policy. Analysts expect the forecast for this indicator to be lowered for coming quarters of FY18.
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