March 05, 2024 10:31 (IST)
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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 keeps repo rate unchanged at 6.5%, pegs FY25 GDP growth at 7 percent

Mumbai/UNI: As widely expected by markets and policy-watchers, the Reserve Bank of India (RBI)'s Monetary Policy Committee (MPC) on Thursday decided to keep the policy repo rate unchanged at 6.50 per cent.

RBI likely to keep policy repo rate unchanged in the next MPC meet: Quantum AMC

Mumbai: The Reserve Bank of India (RBI) is likely to keep the policy repo rate unchanged in the upcoming monetary policy review meet, according to Quantum Asset Management.

RBI MPC keeps repo rate unchanged, raises FY24 growth forecast to 7%; Industry reacts

Mumbai: The Reserve Bank of India's Monetary Policy Committee (RBI MPC) kept the repo rate unchanged at 6.5 percent for the fifth time in a row on Friday, thus maintaining the status quo.

RBI raises UPI transaction limit for hospitals, educational institutions to Rs. 5 lakh

New Delhi/IBNS/UNI: In a significant step, the Reserve Bank of India (RBI) on Friday announced the raise of the Unified Payments Interface (UPI) transaction limit for hospitals and educational institutions to Rs. 5 lakh, media reports said.

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%.

Industry hails RBI's decision to keep key policy rate unchanged, continue withdrawal of accommodative stance

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'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 maintains status quo, policy repo rate unchanged at 6.50%

Mumbai/UNI/IBNS: As widely expected by economists and market watchers, Reserve Bank of India (RBI) on Thursday kept the policy repo rate unchanged at 6.50%.

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 keeps repo rate unchanged at 6.5%

Mumbai/UNI: Amid downward trend in retail inflation and staying in its target range, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) 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.

Banks and financial institutions welcome RBI's 'surprise' move to pause repo rate hike for now

Mumbai/IBNS: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Thursday decided to keep the repo rate unchanged at 6.5%. This came as a big relief as most experts had opined that the apex bank should take a pause amid global economic uncertainties and the economy has reached a saturation point beyond which it may be difficult to absorb any more rate hikes.

RBI MPC meet: Rate setting panel to announce decision on key lending rates on Thursday

Mumbai: The Reserve Bank of India is expected to declare another increase in interest rates on Thursday, as part of its bi-monthly review of monetary policy, said reports.