Fri, Dec 06, 2024
RBI MPC meeting highlights, RBI MPC meeting December 2024: RBI Governor Shaktikanta Das announced that there would be no change in the repo rate. Check out the key highlights shared by Governor Das today:
More >
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.
Fri, Jun 07, 2024
The RBI has decided to raise GDP forecast for FY25 to 7.2 per cent from its earlier forecast of 7 per cent, while the central bank has maintained FY25 consumer inflation forecast at 4.5 per cent.
In its second bi-monthly MPC meeting, the RBI delivered policy rate decisions largely in line, while making it clear that policy rate decisions will largely be inward-oriented i.e RBI's actions will primarily driven by domestic conditions.
As widely expected, the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI)—which decides and adjusts the key interest rate of the economy—decided to keep the repo rate—the key interest rate at which the RBI lends money to commercial banks—unchanged at 6.5 per cent.
Fri, Apr 19, 2024
Minutes of RBI Monetary Policy Committee Meeting: Five of the six MPC members voted for the status quo in the policy rate. MPC member Jayanth R Varma, however, advocated a reduction in the repo rate by 25 basis points as "high-interest rates entail a growth sacrifice".
Fri, Apr 05, 2024
RBI MPC Meeting outcome: The Reserve Bank on Friday announced the launch of a mobile app to enable retail investors to participate in government securities (G-Secs) or government bonds market. BI Retail Direct Scheme, launched in November 2021, gives access to individual investors to maintain gilt accounts with the RBI and invest in government securities. The Scheme enables investors to buy securities in primary auctions as well as buy/sell securities through the Negotiated Dealing System - Order Matching system (NDS-OM) platform.
Thu, Apr 04, 2024
RBI MPC Meeting Outcome: The Reserve Bank of India's bi-monthly Monetary Policy Committee (MPC) meeting for FY25 began on April 3, and the outcome of this meeting will be announced on Friday, April 5. Here are the details of when, where, and how to watch RBI Governor Shaktikanta Das' monetary policy meeting outcome statement live:
Wed, Mar 27, 2024
RBI MPC meeting schedule 2024-25: The Reserve Bank of India (RBI) has announced the dates of six upcoming monetary policy meetings of the next financial year, which begins on April 1, 2024. The central bank conducts six scheduled reviews every year, one each in April, June, August, October, December, and February. Besides, it also conducts out-of-cycle reviews to address sudden changes in economic conditions that warrant urgent monetary policy action.
Thu, Feb 08, 2024
RBI MPC Meeting: With the repo rate unchanged, most likely there will be no change in your home and car loan interest rates. for the time being. However, lenders are always free to change the interest rates depending on internal factors.
Rate-sensitive stocks: Rate-sensitive stocks remained in focus as investors eye the first bi-monthly review by the RBI Governor Shaktikanta Das-led Monetary Policy Committee (MPC) this year.
Wed, Feb 07, 2024
RBI had last increased the repo rate by 25 basis points (bps) on February 8, 2023, to 6.50 per cent. It is to be noted that, one basis point is one-hundredth of a percentage point.
Fri, Dec 08, 2023
RBI Monetary policy meeting outcome: The RBI Governor Shaktikanta Das-led monetary policy committee (MPC) on Friday, December 8, 2023, kept the repo rate unchanged for the fifth time.
Thu, Dec 07, 2023
Feeling anxious about the recent repo rate change and its impact on your home loan EMI? Relax! This video explains the difference between fixed and floating interest rates in home loans and how they react to repo rate changes. Discover whether you need to worry or not based on your loan type.
Mon, Aug 28, 2023
There will be a meeting between the RBI and the Ministry of Consumer Affairs tomorrow to control inflation.
Thu, Aug 10, 2023
RBI MPC MEET OUTCOME: The MPC members unanimously decided to maintain the status quo on the repo rate, Governor Shaktikanta Das said in his policy speech on August 10. The Reserve Bank of India (RBI) has made an upward revision to its inflation forecast for 2023-24, raising it by 30 bps to 5.4%.
Thu, Jun 08, 2023
Most experts had estimated that the central bank will keep the repo rate on hold once again after surprising the market with a status quo in the April 2023 review.
Tue, Jun 06, 2023
The three-day RBI MPC meeting has started on Jun 6 and will end on Jun 8. In this meeting, the central bank will take a decision on the future interest rate in the country. In its last bi-monthly review, the RBI's all-powerful MPC decided to keep interest rates on hold, halting a cycle of tightening monetary policy after lifting the repo rate by a total 250 basis points to 6.5% in six revisions starting May 2022.
Mon, Jun 05, 2023
RBI MPC meeting schedule 2023: The Reserve Bank of India (RBI) will maintain the policy repo rate at 6.5 per cent during its upcoming June 8 announcement, considering the easing of retail inflation in April and the potential for further decline, indicating the effectiveness of previous policy rate actions, anticipate experts.
Sat, Apr 08, 2023
The Reserve Bank of India’s (RBI) monetary policy committee earlier this week unexpectedly kept the benchmark rate unchanged after hiking it by a cumulative 250 basis points in 11 months, however, it pledged to hike the interest rate again if needed.
Thu, Apr 06, 2023
At the market close, BSE Sensex rose by 143.66 points or 0.24 per cent to settle at 59,832.97, while NSE Nifty gained 42.10 points or 0.24 per cent to finish at 17,599.15 after an initial downtick today.
RBI repo rate decision: The Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday announced the operation of pre-sanctioned credit lines at banks through unified payments interface (UPI).
RBI MPC meeting highlights, RBI MPC meeting April 2023: The Reserve Bank monetary policy committee kept the repo rate unchanged at 6.5 per cent on Thursday, April 6.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
