Repo Rate

RBI MPC meeting: Repo rate, CPI inflation, GDP forecasts, UPI transaction limits, NBFC and more

Wed, Oct 09, 2024

For the 10th consecutive time, there was no change in India's repo rate as the Reserve Bank of India (RBI) Governor Shaktikanta Das-led Monetary Policy Meeting (MPC) on Wednesday (October 9, 2024) maintained it at 6.50 per cent. The big change came in the face of the Central Bank changing the policy stance to 'netral' from 'withdrawal of accommodation'. On the other hand, there were no changes in the GDP forecast and Consumer Price Index (CPI) inflation estimates for FY25. In his address on Wednesday, Das said, "The MPC considered it appropriate to change the stance to neutral and remain unambiguously focused on bringing inflation to target durably.

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RBI October MPC Review: No change in repo rate, stance revised to 'neutral', announces Shaktikanta Das

Wed, Oct 09, 2024

RBI Repo Rate Decision: The Reserve Bank of India Governor-led Monetary Policy Committee decides the repo rate—or the key interest rate at which the RBI lends money to commercial banks—taking into account a number of factors including consumer inflation (measured by the CPI) and GDP growth. It is the very rate that determines the interest rates commercial banks like SBI and HDFC Bank pass on to their customers. 

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Will RBI Governor-led MPC decide to cut repo rate in October review? Economists weigh in

Mon, Oct 07, 2024

Will the RBI Governor-led MPC decide to cut the repo rate this month? After a two-month gap, the Monetary Policy Committee—the RBI’s rate-deciding panel—is meeting again for a scheduled review of its monetary policy. And yet again, the question on everyone’s mind is: Will there be a rate cut this time? Here’s what you need to know about the upcoming rate decision by the Indian central bank—coming less than three weeks after the Fed Chair Jerome Powell-led Federal Open Market Committee (FOMC) delivered a surprise 50-basis-point reduction in the key US interest rate.

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What caused RBI Repo Rate Cut, after Budget Bonanza for Middle Class

Thu, Feb 07, 2019

RBI Repo Rate Cut 2019: In a surprise decision, the Reserve Bank of India today lowered interest rates and shifted its stance to "neutral" from "calibrated tightening". 

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No RBI rate cuts for now? See what monetary policy panel minutes revealed

Mon, Oct 22, 2018

Subdued prices of vegetables and fruits in summer, when prices normally tend to escalate, gave comfort to Reserve Bank of India (RBI) governor Urjit Patel to hold on to rates, but the higher oil prices forced him to change the stance from neutral to calibrated tightening.

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RBI policy supportive of growth; rate hikes likely going forward: Experts

Sat, Oct 06, 2018

The Reserve Bank wants to support the growth by keeping the key repo rate unchanged at 6.50 per cent, as announced in this fiscal's fourth bi-monthly policy review Friday, experts said.

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RBI set to hike repo rate again as Indian rupee slide accelerates

Thu, Oct 04, 2018

The Reserve Bank of India (RBI) is expected to raise rates for a third time since June on Friday to combat inflationary pressures as it grapples with a weakening rupee, surging oil prices and market instability sparked by a major non-bank finance firm`s defaults.

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Rate hike to keep inflation below 4 pc: RBI MPC

Fri, Aug 17, 2018

RBI Deputy Governor Viral Acharya too voted for a hike in the policy rate as a step towards fulfilling inflation targeting mandate while paying attention to growth. 

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RBI repo rate hike will hit economy where it hurts

Thu, Aug 02, 2018

Economists see the GDP growth forecast of 7.4% by the Reserve Bank of India (RBI) for the current fiscal as optimistic. Most of them believe growth recovery this year could be “shallow” due to continuing risks of higher commodity prices, elevated interest rates and wider fiscal deficit.   

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This is what RBI repo rate hike will make homebuyers do

Thu, Aug 02, 2018

Realty players are not enthused by Reserve Bank of India’s move to increase repo rate saying that it will adversely impact the homebuyers' sentiment. They said that RBI could have taken a pause, especially when the Centre is pushing a slew of decisions such as affordable homes, housing for all and creation of a stressed assets fund for the revival of the sector.  

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RBI hikes repo rate; this is what will happen to your EMIs

Thu, Aug 02, 2018

Your equated monthly installments (EMIs) may go up marginally after Reserve Bank of India (RBI) hiked repo rate, the rate at which it lends to banks, to 6.50%, a second consecutive hike of 0.25%. RBI, repo rate, 

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Urjit Patel led RBI hikes repo rate by 25 bps; Guv says will remain vigilant going forward

Wed, Jun 06, 2018

Patel said that for FY19, the forecast of a normal south-west monsoon augurs well for agriculture sector, as input cost pressures are firming up. He said cost of farm outputs has risen sequentially. "Domestic economic activity has exhibited revival in recent times, he said, adding "farm loan waivers have been done through budgets of individual state governments, so there is no implications on banks' NPA." 

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RBI keeps repo rate unchanged at 6 pct: Know what experts are saying

Thu, Apr 05, 2018

The Reserve Bank of India kept its policy repo rate unchanged at 6.00 percent on Thursday for the fourth straight meeting and stuck to its `neutral` stance as expected to support an early recovery in economic growth as inflation eases.

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RBI policy review 2018 highlights: Here are top 10 points

Thu, Apr 05, 2018

RBI policy review 2018 highlights: The MPC decision is consistent with the neutral stance of monetary policy in consonance with the objective to achieve medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth. 

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RBI monetary policy review: Will first bi-monthly monetary policy statement for 2018-19 see rate hike or not?

Wed, Apr 04, 2018

RBI kept policy repo rate unchanged at 6% since past three monetary policy meetings along with accommodative stance due to fear of high inflation and macro-economic data.

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Indices shed early gains as RBI reviews rates

Wed, Feb 07, 2018

The Sensex, which opened at 34,563.30 points, ended the day 113 points lower at 34,082.71 points

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RBI maintains status quo; repo rate unchanged at 6%

Wed, Feb 07, 2018

The reverse repo rate under the  liquidity adjustment facility  (LAF) remains at 5.75% 

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RBI expected to keep rates on hold for now

Wed, Feb 07, 2018

The Reserve Bank of India, meeting amid a global market storm, is widely expected to keep its key rate on hold on Wednesday, but toughen its rhetoric as inflation has accelerated sharply, making an increasing number of analysts see a hike this year.

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India Inc expresses disappointment over RBI's policy status quo

Wed, Dec 06, 2017

India Inc today expressed disappointment over RBI's decision to hold fire, saying there is a need to revive domestic demand and encourage investment through lower cost of capital to crank up growth.

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RBI holds repo rate at 6%; here's what experts have to say

Wed, Dec 06, 2017

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Full Text: Here's what RBI said while maintaining 'status quo' on repo rate

Wed, Dec 06, 2017

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday decided to keep interest rates unchanged. The policy repo rate in the fifth bi-monthly monetary policy remained at 6%.

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Sensex slips 108 points ahead of RBI meet, on Asian cues

Tue, Dec 05, 2017

The benchmark BSE Sensex fell over 108 points in opening trade following a cautious stance adopted by participants ahead of the RBI policy review amid weak Asian cues.

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Full Text: Reserve Bank of India keeps repo rate unchanged at 6%

Wed, Oct 04, 2017

This is what the Monetary Policy Committee said as it maintained status quo on the repo and reverse repo rate.

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