RBI MPC Dec 2024: Panel Keeps Key Rates Unchanged, Borrowers To Benefit From Stability In Home Loans, EMIs
1 month ago

RBI MPC Dec 2024: Panel Keeps Key Rates Unchanged, Borrowers To Benefit From Stability In Home Loans, EMIs

ABP News  

RBI MPC Dec 2024: The Reserve Bank of India ’s Monetary Policy Committee met this week and decided to keep the key rates unchanged. Impact On Home Loans, EMIs, And Real Estate This stability in the key rates would also translate into relief and steadiness for the homeowners. This continuity provides a stable environment for the real estate sector, enabling developers to plan with confidence and homebuyers to benefit from favourable borrowing costs.” 'Neutral' Policy Stance Further, the central bank also said that it will continue to keep a ‘neutral’ stance on policy going ahead. Harsh Gupta, CEO, Sundream Group welcomed the decision of the MPC and said that this will help provide ‘much-needed stability to the real estate market’.

Rbi Rates Mpc Crr Key Rates  keeps  help  rates  mpc  policy  estate  stability  rbi  loans  decision  real  emis  key  panel  unchanged  supply

History of this topic

Price stability crucial for India’s economic growth, says RBI
2 weeks, 5 days ago

Price stability crucial for India’s economic growth, says RBI

Live Mint  

The foundations for high growth in the Indian economy can be achieved through durable price stability, the monetary policy committee of the Reserve Bank of India said. "The MPC emphasises that strong foundations for high growth can be secured only with durable price stability," the minutes of the Monetary Policy Committee meeting held in December said. "The MPC also decided …

DC Edit | RBI still cautious, but cuts CRR
1 month ago

DC Edit | RBI still cautious, but cuts CRR

Deccan Chronicle  

The RBI-led Monetary Policy Committee continued its cautious approach by keeping the repo rate unchanged for the 11th time. The central bank has also allowed small finance banks to extend credit lines through UPI, which typically target borrowers of small ticket size loans. Lower middle class, which is said to be badly hit by low wage growth, will benefit from …

Home loans may become more affordable and boost the real estate sector, experts say
1 month ago

Home loans may become more affordable and boost the real estate sector, experts say

Hindustan Times  

The Reserve Bank of India's December 2024 monetary policy decision will make home loans cheaper and benefit India's real estate sector, according to several industry experts. The central bank's monetary policy committee decided to keep the repo rate unchanged at 6.5% for the 11th consecutive time, but slashed the cash reserve ratio by 50 basis points, bringing it down to …

Experts ask RBI to cut interest rate to revive real estate market, ease home loan burden
1 month ago

Experts ask RBI to cut interest rate to revive real estate market, ease home loan burden

Live Mint  

With the Reserve Bank of India keeping its key interest rate unchanged, real estate experts and developers have stressed the need to lower the rate, citing the need to stimulate sluggish sales and ease the growing burden of borrowing costs. “At this point, a rate cut would be more beneficial for consumers," said Shishir Baijal, chairman and managing director of …

RBI MPC: Homebuyers may have to wait till 2025 for EMI relief
1 month ago

RBI MPC: Homebuyers may have to wait till 2025 for EMI relief

India Today  

The Reserve Bank of India has decided to keep the key repo rate unchanged at 6.5% during its latest monetary policy review, held on Friday. MPC is committed to restoring inflation-growth balance in the interest of the economy.” IMPACT ON HOME LOANS The unchanged repo rate means that banks are unlikely to make any changes to their lending rates. Dr …

RBI MPC meeting: Repo rate unchanged. What are other key takeaways? 10 points
1 month ago

RBI MPC meeting: Repo rate unchanged. What are other key takeaways? 10 points

Hindustan Times  

Reserve Bank of India governor Shaktikanta Das on Friday announced several key decisions taken at the recent three-day meeting of the central bank's Monetary Policy Committee. Previously, the repo rate was changed in February 2023, when it was raised to the current 6.5% This was MPC's last meeting of the year and followed the one in October. Here are the …

RBI keeps interest rate unchanged; home loan borrowers may have to wait till 2025 for EMI relief
1 month ago

RBI keeps interest rate unchanged; home loan borrowers may have to wait till 2025 for EMI relief

Hindustan Times  

The Reserve Bank of India's decision to keep its benchmark interest rate unchanged at 6.5% for the 11th consecutive time citing continued inflationary pressures means stable EMIs for homebuyers amidst rising housing prices. RBI Monetary Policy: The Reserve Bank of India's decision to keep its benchmark interest rate unchanged at 6.5% for the 11th consecutive time citing continued inflationary pressures …

Headwinds: RBI keeps key rate unchanged, lowers growth forecast
1 month ago

Headwinds: RBI keeps key rate unchanged, lowers growth forecast

Hindustan Times  

The Reserve Bank of India left its benchmark interest rate unchanged at 6.5% in this year’s last meeting of its monetary policy committee despite a dip in economic growth, citing continued risks from inflation. RBI governor Shaktikanta Das delivering the monetary policy statement on Friday The central bank kept the repo rate steady after raising it by 250 basis points …

RBI monetary policy: MPC projects FY25 inflation at 4.8%
1 month ago

RBI monetary policy: MPC projects FY25 inflation at 4.8%

Live Mint  

RBI Monetary Policy meeting: The Reserve Bank of India revised its inflation projection for 2024–2025 to 4.8% with Q3 at 5.7%, and Q4 at 4.5% The consumer price index inflation for the first quarter of the next financial year 2025-26 is projected at 4.6% and the second quarter at 4%. RBI October Monetary Policy Outcome During the Monetary Policy Committee …

RBI MPC Dec Meet: Panel Continues To Keep Key Rates Unchanged, Repo Rate At 6.5 Per Cent
1 month ago

RBI MPC Dec Meet: Panel Continues To Keep Key Rates Unchanged, Repo Rate At 6.5 Per Cent

ABP News  

RBI MPC Dec Meet: The Reserve Bank of India on Friday maintained the status quo on benchmark interest rates. The central bank’s Monetary Policy Committee announced key repo rates at 6.5 per cent, keeping it unchanged yet again. #WATCH | Mumbai | RBI Governor Shaktikanta Das says, "The Standing Deposit Facility rate remains at 6.25% and the Marginal Standing Facility …

Stable interest rates to bring predictability for homebuyers and developers: Real Estate Industry
1 month ago

Stable interest rates to bring predictability for homebuyers and developers: Real Estate Industry

New Indian Express  

NEW DELHI: The real estate industry players and other stakeholders have largely welcomed the Reserve Bank of India's decision to maintain the repo rate at 6.5 per cent, adding that the stability in the policy rate will promote market confidence by giving developers and homeowners. On Friday, RBIs MPC decided to keep the repo rate unchanged at 6.5 per cent …

RBI keeps interest rate unchanged at 6.5%, lowers GDP projection to 6.6%, cuts CRR to 4%
Trending News
1 month ago

RBI keeps interest rate unchanged at 6.5%, lowers GDP projection to 6.6%, cuts CRR to 4%

New Indian Express  

MUMBAI: The Reserve Bank of India on Friday kept the benchmark interest rate unchanged at 6.5%, marking the 11th consecutive time the lending rate has remained steady. The RBI's Monetary Policy Committee opted against any knee-jerk reaction to the growth slowdown in the second quarter with a repo rate cut, emphasising the need to be prudent and measured in its …

RBI keeps key lending rate unchanged at 6.5%, focus remains on tackling inflation
1 month ago

RBI keeps key lending rate unchanged at 6.5%, focus remains on tackling inflation

India Today  

The Reserve Bank of India's Monetary Policy Committee has decided to maintain the status quo on key interest rates for the 11th consecutive time. Consequently, the standing deposit facility stands at 6.25%, and the marginal standing facility and the bank rate at 6.75%," announced RBI Governor Shaktikanta Das during the policy statement. "Tackling inflation is critical because high inflation reduces …

RBI MPC Meeting: What happens if the central bank cuts interest rates tomorrow? D-Street experts weigh in
Trending News
1 month ago

RBI MPC Meeting: What happens if the central bank cuts interest rates tomorrow? D-Street experts weigh in

Live Mint  

RBI MPC Meeting: Reserve Bank of India Governor Shaktikanta Das will unveil the fifth monetary policy of the current financial year 2024-25 on Friday, December 6, after a three-day meeting that began on December 4, 2024. RBI MPC to adopt a ‘balancing act’ in December review India’s GDP growth in the July-September quarter of the current fiscal was below D-Street …

RBI MPC Meeting: When and where to watch Governor Shaktikanta Das’ policy announcement
1 month ago

RBI MPC Meeting: When and where to watch Governor Shaktikanta Das’ policy announcement

Live Mint  

RBI MPC Meeting: Reserve Bank of India's three-day monetary policy committee started its meeting on Wednesday, December 4, to decide on interest rates for the Indian economy and the central bank's policy stance. The central bank's bi-monthly policy meeting comes forth amid the backdrop of sticky inflation and slowing growth in the nation's economy. RBI's current policy stance & expectations …

RBI MPC Dec Meet: When And Where To Watch The Committee's Final Decision On Key Interest Rates?
1 month ago

RBI MPC Dec Meet: When And Where To Watch The Committee's Final Decision On Key Interest Rates?

ABP News  

RBI MPC: The Reserve Bank of India’s Monetary Policy Committee meeting will meet this week to look into the economic landscape and discuss key interest rates for the coming months. In the previous MPC meeting in October, the authorities kept the repo rate unchanged at 6.5 per cent and shifted the policy stance to ‘neutral’ from ‘withdrawal of accomodation’. The …

RBI MPC October 2024: Central Bank Maintains Repo Rate, Keeping Home Loan EMIs Stable
3 months ago

RBI MPC October 2024: Central Bank Maintains Repo Rate, Keeping Home Loan EMIs Stable

ABP News  

The Reserve Bank of India has decided to maintain the repo rate at 6.5 per cent. After assessing the evolving macroeconomic and financial conditions and the outlook, the MPC decided by a majority of 5 out of 6 members to keep the policy repo rate unchanged at 6.50 per cent. Until then, EMIs will remain at current levels.” “The committee …

RBI Policy review: No impact on home loan EMIs as repo rate kept unchanged, sets positive tone for the realty sector
5 months ago

RBI Policy review: No impact on home loan EMIs as repo rate kept unchanged, sets positive tone for the realty sector

Hindustan Times  

The Reserve Bank of India’s decision to keep repo rates unchanged at 6.5% for ninth consecutive time aligns well with the August 7 announcement on indexation benefits on sale of property. With interest rates staying steady, EMIs will remain manageable for current and potential homeowners, potentially leading to increased home sales particularly in the price-sensitive affordable segment, said real estate …

RBI MPC Meet 2024 Expectations: Will central bank change repo rate?
5 months ago

RBI MPC Meet 2024 Expectations: Will central bank change repo rate?

Hindustan Times  

RBI MPC Meet 2024 Expectations Live: A police officer walks past the Reserve Bank of India logo inside its headquarters in Mumbai, India. RBI MPC Meet 2024 Expectations Live: The Reserve Bank of India Monetary Policy Committee began its meeting on August 6 for a three-day session to discuss its monetary policy decision. The meeting marks RBI’s third monetary policy …

RBI Policy review: Unchanged interest rates expected to have a stabilizing effect on the real estate sector, say experts
7 months ago

RBI Policy review: Unchanged interest rates expected to have a stabilizing effect on the real estate sector, say experts

Hindustan Times  

As expected, the Reserve Bank of India left its key interest rates unchanged on June 7. Realtors said the decision to keep the repo rate unchanged in the latest monetary policy review is expected to have a stabilizing effect on the real estate sector. This, say real estate experts, augurs well for homebuyers and developers The Monetary Policy Committee, consisting …

RBI keeps repo rate unchanged at 6.5%: What MPC policy means for home buyers
7 months ago

RBI keeps repo rate unchanged at 6.5%: What MPC policy means for home buyers

Live Mint  

RBI keeps repo rate unchanged at 6.5%: The Reserve Bank of India's decision to retain the repo rate at 6.5% for the eighth consecutive time ensures economic stability amid global uncertainty and domestic inflation concerns. {{^adFree}} {{/adFree}} "This stability supports the real estate market, making housing more affordable and boosting consumer confidence. With GDP growth projected at 7% in FY25 …

RBI monetary policy: MPC keeps FY25 inflation forecast unchanged at 4.5%
7 months ago

RBI monetary policy: MPC keeps FY25 inflation forecast unchanged at 4.5%

Live Mint  

RBI MPC Announcement: The Reserve Bank of India maintained its 4.5% inflation projection for 2024–2025 with Q1 at 4.9%, Q2 at 3.8%, Q3 at 4.6% and Q4 at 4.5%. {{^adFree}} {{/adFree}} Das stated that CPI headline inflation softened further in March and April, but that persistent food inflation pressures outweighed the benefits from code disinflation and fuel deflation. With growth …

RBI MPC Meet 2024 Highlights: Repo rate unchanged , Real GDP growth at 7.2%
7 months ago

RBI MPC Meet 2024 Highlights: Repo rate unchanged , Real GDP growth at 7.2%

Hindustan Times  

June 7, 2024 10:17 AM IST RBI MPC Meet 2024 LIVE: RBI Governor Shaktikanta Das said, "The inflation growth balance is moving favourably. While the MPC took note of the disinflation achieved so far without hurting growth, it remains vigilant to any upside risks to inflation, particularly from food inflation, which could possibly derail the path of disinflation. Accordingly, the …

RBI MPC meet: Central Bank may keep repo rate steady. Major reasons why
7 months ago

RBI MPC meet: Central Bank may keep repo rate steady. Major reasons why

Hindustan Times  

With volatile food prices, ongoing geopolitical tensions, and the Federal Reserve's extended pause on interest rates, experts believe the Reserve Bank of India will maintain its current policy rates and stance, according to a Mint report. As per experts, the central bank may keep the benchmark policy rates at the current level until October. The Fed’s influence Analysts say it …

RBI MPC: Central Bank Unlikely To Cut Interest Rate On June 7 Amid Lok Sabha Election Results, Says Experts
7 months ago

RBI MPC: Central Bank Unlikely To Cut Interest Rate On June 7 Amid Lok Sabha Election Results, Says Experts

ABP News  

RBI MPC: The Reserve Bank of India is unlikely to reduce the benchmark interest rate during its upcoming monetary policy review meeting as per the experts. Additionally, the Monetary Policy Committee may opt to maintain the current interest rate of 6.5 per cent due to the ongoing economic growth, which has been gaining momentum since February 2023. In addition, every …

RBI MPC 2024: RBI Keeps Repo Rate Unchanged At 6.5%; Says GDP Growth Is Buoyant
9 months ago

RBI MPC 2024: RBI Keeps Repo Rate Unchanged At 6.5%; Says GDP Growth Is Buoyant

News 18  

RBI MPC April 2024 Meeting LIVE: The Reserve Bank of India governor Shaktikanta Das announced the Monetary Policy Committee’s decision on key interest rates today. The two-day review meeting of the RBI’s Monetary Policy Committee, the rate-setting panel, commenced on April 3 and concluded today. Five out of six members voted in favour of the rate decision whereas the monetary …

RBI Monetary Policy 2024: Stability in interest rates to benefit homebuyers; boost housing sales
9 months ago

RBI Monetary Policy 2024: Stability in interest rates to benefit homebuyers; boost housing sales

Hindustan Times  

As expected, the Reserve Bank of India on April 5 once again kept the repo rate unchanged at 6.5 per cent. RBI MPC: Reserve Bank of India's decision to keep repo rates unchanged offers a sense of continuity and predictability to the real estate sector. It is also expected to significantly boost overall market sentiment, pushing residential sales in the …

RBI repo rate decision: What will be impact on home loan EMIs
9 months ago

RBI repo rate decision: What will be impact on home loan EMIs

Hindustan Times  

The Reserve Bank of India kept the repo rate steady at 6.5 percent for the seventh time in a row. This means that your home loan interest burden and equated monthly installments will remain unchanged for now. RBI repo rate decision: This means that your home loan interest burden and equated monthly installments will remain unchanged for now. Looking ahead, …

MPC Meeting: Reserve Bank leaves interest rates unchanged
9 months ago

MPC Meeting: Reserve Bank leaves interest rates unchanged

New Indian Express  

The Reserve Bank-led Monetary Policy Committee Friday left the policy rate or the repo rate unchanged at 6.5 percent for the seventh consecutive time, citing rising inflationary pressure in the economy led by spiralling food prices. Accordingly, the marginal standing facility at 6.75 percent and the standing deposit facility rate remain unchanged at 6.25 percent, governor Shaktikanta Das said announcing …

RBI MPC maintains repo rate at 6.5 per cent for the 7th consecutive time
9 months ago

RBI MPC maintains repo rate at 6.5 per cent for the 7th consecutive time

India TV News  

In the latest update from the Reserve Bank of India, the Monetary Policy Committee has decided to keep the repo rate steady at 6.5% for the seventh consecutive time. Governor Shaktikanta Das, during the announcement of the bi-monthly policy meeting, highlighted the committee’s majority decision of 5:1 to maintain the current stance, focusing on liquidity management to curb inflation. Economic …

RBI Begins First MPC Of FY 24-25: High-level Discussions Starts Today, What To Expect?
9 months ago

RBI Begins First MPC Of FY 24-25: High-level Discussions Starts Today, What To Expect?

News 18  

The Reserve Bank of India’s Monetary Policy Committee is currently meeting, from April 3rd to 5th, 2024. The repo rate acts as a key tool for the MPC to achieve its monetary policy goals, primarily maintaining price stability and promoting economic growth. Here’s what to expect according to industry experts; Shishir Baijal, chairman and managing director, Knight Frank India, feels …

Need to be vigilant on inflation front: MPC minutes
10 months, 2 weeks ago

Need to be vigilant on inflation front: MPC minutes

New Indian Express  

NEW DELHI: A majority of members of the monetary policy committee of the Reserve Bank of India remained focused on risk of inflation in future and favoured status quo on rate cut. Five out of six members of the MPC voted to keep policy rates unchanged due to uncertainty in inflation over food prices, as per the Minutes of MPC. …

Real estate sector welcomes RBI’s decision to keep repo rates unchanged at 6.5%
11 months ago

Real estate sector welcomes RBI’s decision to keep repo rates unchanged at 6.5%

Hindustan Times  

The real estate sector has welcomed the Reserve Bank of India’s decision to keep the repo rates unchanged at 6.5%, saying given that housing prices have risen across most cities in the last one year, this breather by the apex bank gives a distinct advantage to homebuyers as it allows them to continue enjoying low interest rates and improves their …

Market falls sharply after RBI keeps repo rates unchanged for the sixth time
11 months ago

Market falls sharply after RBI keeps repo rates unchanged for the sixth time

New Indian Express  

MUMBAI: India’s equity market fell sharply on Thursday morning after the Reserve Bank of India's monetary policy decision, where it kept the repo rate unchanged for a sixth consecutive time. The RBI Governor Shaktikanta Das-led six-member Monetary Policy Committee maintained the repo rate at 6.5%. “For the financial markets, particularly the bond and equity markets, the unchanged interest rates signal …

More bullish than dovish
1 year ago

More bullish than dovish

Hindustan Times  

The last Monetary Policy Committee for 2023 has not done anything substantive on the policy front per se. RBI Governor Shaktikanta Das announced the repo rate after a meeting of the Monetary Policy Committee on Thursday. The MPC’s upward revision in 2023-24 growth projection to 7% from the October forecast of 6.5% also includes higher growth projections for the December …

Analysts Welcome RBI’s Decision To Keep Rates Unchanged, Give Healthy Outlook For Markets
1 year, 1 month ago

Analysts Welcome RBI’s Decision To Keep Rates Unchanged, Give Healthy Outlook For Markets

ABP News  

The RBI’s Monetary Policy Committee on Friday announced after its bi-monthly review meeting that it has decided to keep the repo rates unchanged at 6.5 per cent. Overall, at the margin, policy seems to be positive for markets.” RBI Decision Helpful For Housing Market Another analyst, Anuj Puri, Chairman, Anarock Group, noted that the regulator opted to keep the rates …

RBI Monetary Policy Meet underway: Key things to watch out for
1 year, 1 month ago

RBI Monetary Policy Meet underway: Key things to watch out for

Live Mint  

Reserve Bank of India Governor Shaktikanta Das will unveil the fifth monetary policy of the financial year 2023-24 on Friday, December 8, after a two-day review, as it observes the impact of global headwinds on India's macroeconomic indicators such as inflation trajectory and growth in gross domestic product. The review by the six-member Monetary Policy Committee led by Das will …

RBI MPC Meet: Will the RBI hold interest rates but change its policy stance?
1 year, 1 month ago

RBI MPC Meet: Will the RBI hold interest rates but change its policy stance?

Live Mint  

The Reserve Bank of India's Monetary Policy Committee will begin its three-day huddle to decide on India's monetary policy on Wednesday, December 6, with the outcome due on December 8. The central bank is likely to keep policy rates unchanged keeping in mind the fact that retail inflation, despite moderation, is still above its 4 per cent target while the …

RBI MPC Meet October 2023: Will This Pause Button Control Inflation?
1 year, 3 months ago

RBI MPC Meet October 2023: Will This Pause Button Control Inflation?

News 18  

RBI MPC Meet LIVE Updates: Balance Between Growth & Stability Sonam Srivastava, Founder and Fund Manager, Wright Research, PMS, said, “The unwavering focus on inflation and the emphasis on liquidity moderation signal a cautious yet proactive approach by the RBI, reflecting its intent to strike a balance between growth and stability.” Turning to the stock market, the immediate aftermath of …

RBI Keeps Repo Rate Unchanged: What It Means For Your Home Loan?
1 year, 3 months ago

RBI Keeps Repo Rate Unchanged: What It Means For Your Home Loan?

News 18  

RBI MPC Meeting October 2023: Reserve Bank of India on Friday kept the report rate unchanged as was expected from many quarters of the industry. Announcing the decision, RBI Governor Shaktikanta Das said that the monetary policy committee decided to keep the repo rate unchanged at 6.5 per cent unanimously. Overall, we believe that this momentum is projected to persist …

RBI Monetary Policy Today: Here’s what D-Street expects amid global headwinds
1 year, 3 months ago

RBI Monetary Policy Today: Here’s what D-Street expects amid global headwinds

Live Mint  

Reserve Bank of India Governor Shaktikanta Das will unveil its fourth monetary policy decision of fiscal 2023-24 today after a two-day review that began earlier this week. Majority of economists estimate that the RBI would keep its key repo rate unchanged at 6.50 per cent at the conclusion of the MPC meeting, with only a few expecting a 25 basis …

Risky recourse: The Hindu Editorial on the Reserve Bank of India’s Monetary Policy Committee and policy rate
1 year, 4 months ago

Risky recourse: The Hindu Editorial on the Reserve Bank of India’s Monetary Policy Committee and policy rate

The Hindu  

The latest decision by the Reserve Bank of India’s Monetary Policy Committee to leave its policy rate unchanged is a calculated risk taken by the rate setting panel, especially when viewed in light of the upward revision of its inflation forecast. Barely two months after projecting Consumer Price Index-based inflation to average 5.1% over the current fiscal year ending in …

How RBI policy outcome will impact home loan borrowers explained
1 year, 4 months ago

How RBI policy outcome will impact home loan borrowers explained

Live Mint  

The Reserve Bank of India has released a key proposal with the goal of improving both the flexibility and transparency of rates of interest on variable-rate loans. The framework will require Regulated Entities to clearly communicate with borrowers for resetting the tenor and/or EMI; provide options for switching to fixed-rate loans or foreclosure of loans; disclose various charges incidental to …

RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%
1 year, 4 months ago

RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

The Hindu  

The Monetary Policy Committee of the Reserve Bank of India on August 10 decided unanimously to keep the policy repo rate unchanged at 6.50%. Explaining the MPC’s rationale for these decisions on the policy rate and the stance, RBI governor Shaktikanta Das in his statement said, “Headline inflation, after reaching a low of 4.3% in May 2023, rose in June …

RBI policy: Stock market experts suggest ‘buy on dips’ strategy in these sectors
1 year, 4 months ago

RBI policy: Stock market experts suggest ‘buy on dips’ strategy in these sectors

Live Mint  

RBI monetary policy meeting: In three days monetary policy committee meeting from 8th to 10th August 2023, the Reserve Bank of India decided to keep repo rate steady at 6.50 per cent for third time in a row. After the announcement of RBI MPC meeting outcome, stock market experts have predicted volatility in interest rate sensitive segments like banking, NBFC, …

RBI rate, stance to stay on pause: Poll
1 year, 5 months ago

RBI rate, stance to stay on pause: Poll

Live Mint  

MUMBAI : The Reserve Bank of India’s monetary policy committee is likely to leave interest rates and policy stance unchanged at its meeting this week, according to a Mint survey of 10 economists. Economists, however, expect RBI to put the onus on more effective administrative measures to quell rising food prices rather than tap monetary policy tools. “Not only are …

Will Your Loan EMI Go Up From September? How Experts See RBI's BIG Meeting This Week?
1 year, 5 months ago

Will Your Loan EMI Go Up From September? How Experts See RBI's BIG Meeting This Week?

News 18  

RBI MPC Meeting August 2023: The RBI Governor-headed six-member Monetary Policy Committee’s meeting is scheduled on August 8-10. The borrowing cost, which started rising in May last year, has stabilised with the RBI keeping the repo rate unchanged at 6.5 per cent since February when it was raised from 6.25 per cent. When the RBI repo rate increases, it becomes …

RBI MPC Meeting: MPC Resolutely Focused on 4% CPI Target, Half of Rs 2,000 Notes Returned Back, Says Das
1 year, 7 months ago

RBI MPC Meeting: MPC Resolutely Focused on 4% CPI Target, Half of Rs 2,000 Notes Returned Back, Says Das

News 18  

RBI MPC: Real Estate Players Welcome MPC Decision Angad Bedi, Managing Director, BCD Group, “The MPC’s decision to pause on rate hikes comes at a time when inflation is still above the RBI’s target of 4%. It is important for borrowers to carefully consider their financial situation and future plans before deciding which loan option is best suited for them.” …

RBI Holds Interest Rate Hike Again; Home Buyers Set To Get Relief
1 year, 7 months ago

RBI Holds Interest Rate Hike Again; Home Buyers Set To Get Relief

News 18  

RBI MPC June 2023: The Reserve Bank of India on Thursday again hit the pause button and decided to keep the key benchmark policy rate at 6.5%. The RBI MPC was expected by many to keep its benchmark repo rates unchanged in the backdrop of the prevalent scenario marked by continuing volatility in global commodity prices, financial markets and supply …

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