Market experts divided on RBI's choice to maintain key policy rate
New Delhi: As widely anticipated by financial markets and policy observers, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) opted to maintain the policy repo rate at its current level of 6.50 percent during its meeting on Thursday.
RBI's MPC Committee airs concern about trends in food inflation
Mumbai: All the six members of Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) expressed concern over food inflation, and two external members cautioned against the elevated real interest rates as headline inflation nears its 4 percent target, media reports said, citing the minutes of the meeting.
RBI's MPC meeting starts amid anticipations of status quo on key interest rate
Mumbai: As the Reserve Bank of India (RBI) commenced its three-day Monetary Policy Committee (MPC) on Wednesday, expectations are high that the Central bank will adhere to the current state of affairs regarding the repo rate, opting to retain it at 6.5%.
Mumbai: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday announced it will maintain the repo rate at 6.5 percent for the fourth consecutive time.
RBI keeps repo rate unchanged: Here’s what the banking and finance industry has to say
Mumbai: As expected, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), after three days of deliberation, on Thursday kept the repo rate unchanged at 6.5%.
RBI's MPC panel likely to maintain status quo on key policy rate in June meeting
Mumbai: The Reserve Bank of India is likely to maintain a status quo over the policy stance in the June policy review as well, opine experts.
RBI announces dates for first MPC meeting for FY24
Mumbai/IBNS: The Reserve Bank of India on Friday released the schedule of the meeting of its Monetary Policy Committee (MPC) for the upcoming financial year (FY24).
RBI increases repo rate by 50 basis points
Mumbai: RBI Governor Shaktikanta Das on Friday said the central bank's Monetary Policy Committee (MPC) has hiked the repo rate by 50 basis points (bps).
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 likely to keep rates unchanged in bimonthly policy meeting
New Delhi/UNI: The Reserve Bank of India is likely to keep repo rates unchanged at 5.15 per cent at its bimonthly policy meeting on Thursday, as the country battles rising inflation and slowing economy.
RBI cuts repo rate by 25bps to 5.15%, GDP growth cut to 6.1%
Mumbai: The RBI on Friday reduced the repo rate by 25 basis points to 5.15% from 5.40% in the fourth bi-monthly policy review.
Reserve Bank of India hikes key rate 25 bps to 6.50 percent
Mumbai, Aug 1 (IBNS): The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) increased its repo rate for the second straight meeting on Wednesday, keeping a “neutral” stance with a view to containing inflation but not affecting growth.
RBI hikes repo rate by 25 basis points to 6.5 per cent for the second time
Mumbai, Aug 1 (IBNS): The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday raised the repo rate by 25 basis point to 6.5 per cent, reports said.
MPC reiterates its commitment to achieve medium-term target for headline inflation of 4 per cent
Mumbai, Jun 6 (IBNS): The Reserve Bank of India, on Wednesday, announced that on the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) decided to increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.25 per cent.
RBI hikes repo rate by 25 bps, first time in four and half years
Mumbai, Jun 6 (IBNS): The monetary policy committee (MPC) of the Reserve Bank of India (RBI), headed by Governor Urjit Patel, on Wednesday, decided to hike the repo rate by 25 basis points, according to its Second Bi-monthly Monetary Policy Statement.