February 22, 2024 19:37 (IST)
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US Federal Reserve keeps key rates unchanged in a unanimous decision

Washington DC: The Federal Reserve, which is the Central bank of the United States, on Wednesday, opted to keep interest rates steady at their highest level in 22 years for the second consecutive meeting, Bloomberg reported.

RBI's Monetary Policy Committee likely to keep repo rate steady at 6.50%: Report

Mumbai: Experts are anticipating that the Monetary Policy Committee (MPC) will keep the repo rate steady at 6.50 percent and sustain a stance of 'Withdrawal of Accommodation' in the forthcoming October monetary policy.

RBI’s policy hawkish to the rising inflationary risks: HDFC treasury research

Mumbai: The RBI kept its policy rate unchanged at 6.5% in line with expectations. Moreover, it continued with its stance of “withdrawal of accommodation” with a 5:1 vote.

RBI to launch pilot project on QR code-based coin vending machines

Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday that the apex bank would launch a pilot project on QR code-based coin vending machines (QCVM).

RBI to announce first monetary policy of 2023 on Feb 8

Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das will announce the first monetary policy of 2023 on February 8.

'RBI committed to bringing inflation down to 4 pc': Shaktikanta Das

New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das Saturday said there is no need to increase the inflation target from 2 to 3 percent even as the Central bank has failed to keep it below the 6 percent upper tolerance level for nine consecutive months, according to media reports.

RBI's reschedules Aug MPC meeting due to 'administrative exigencies'

Mumbai: Reserve Bank of India  (RBI) Thursday said that the Monetary Policy Committee’s (MPC) meeting next month is rescheduled due to “administrative exigencies.”

Financial markets slide amid fears of global recession

Stock market indexes across the world have gone through massive ups and downs since Russia declared war on Ukraine. But Friday, the stocks across the world suffered the biggest fall as the investors feared tighter monetary policy by the inflation-fighting central banks across the world could impair economic growth.

US stock indexes tumble as Fed's monetary policy tightening fans recession fears

US stock indexes slumped sharply Thursday, following Federal Reserve's biggest interest rate hike since 1994 that heightened recession worries, media reports said.

RBI policy rate hike: Experts react

Mumbai: Reserve Bank of India's hike in repo rate by 50 basis points (bps) to 4.90 percent is an expected move amid the current inflationary pressures and more hikes can follow in the subsequent months, said experts.

RBI hikes repo rate by 40 bps to 4.4 pc

Mumbai: Reserve Bank of India (RBI) Wednesday raised key interest rate by 40 basis points to 4.40 per cent with immediate effect.

Experts laud RBI's move to address inflationary pressures while balancing growth

Mumbai: The Reserve Bank of India (RBI) on Friday kept the benchmark interest rate unchanged at four percent for the 11th time in a row as it continues to maintain its accommodative stance in the backdrop of rising inflation.

RBI may keep the key rates unchanged in first policy review after Budget 2022: Report

Mumbai/IBNS: The Reserve Bank of India (RBI) may keep key policy rates, including repo and reverse repo rates, unchanged in its monetary policy review to be announced on Thursday in the backdrop of Union Budget 2022-23 and growing inflationary concerns, ANI reported.

RBI expected to raise reverse repo rate while keeping other rates unchanged: Kotak Mahindra Asset Management Company

Mumbai/IBNS: The Reserve Bank of India (RBI) may raise the reverse repo rate while keeping the existing repo rate intact in order to reduce the liquidity in the market it had infused to push business activity amid Covid-19 last year, according to economists.

RBI may hike reverse repo rate up to 0.25 pc in next week's policy, says report

New Delhi/IBNS: The Reserve Bank of India (RBI) may raise the reverse repo rate at which it borrows money from the banks by up to 0.25 percent and leave the repo rate at which it lends money to the banks untouched, according to a British brokerage said on Thursday.