RBI keeps lending rates unchanged at 4% for ninth time in a row
3 years ago

RBI keeps lending rates unchanged at 4% for ninth time in a row

India TV News  

Highlights RBI keeps repo rate unchanged at 4%. Consequently, the reverse repo rate stands at 3.35% RBI retains GDP growth target at 9.5% & CPI inflation projection at 5.3% in FY22 RBI said economy hauled itself out of its deepest contraction & 'we are prepared to deal with Covid' The Reserve Bank of India on Wednesday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance in the backdrop of concerns over the emergence of the new coronavirus variant Omicron. Consequently, the reverse repo rate will continue to earn 3.35 per cent for banks for their deposits kept with RBI. "The Monetary Policy Committee has decided to keep benchmark repurchase rate at 4 per cent," Governor Shaktikanta Das said while announcing the bi-monthly monetary policy review. RBI retained its growth projection at 9.5 per cent for the current fiscal despite concerns over Omicron.

Inflation Cent Rate Rbi Interest Rate Mpc Omicron 4 Per Cent Unchanged  interest  unchanged  rate  row  benchmark  growth  keeps  inflation  cent  repo  rates  rbi  lending  ninth  mpc

History of this topic

SBI Research anticipates RBI repo rate cut in February policy meet
2 weeks, 2 days ago

SBI Research anticipates RBI repo rate cut in February policy meet

Live Mint  

New Delhi, December 8 : Reserve Bank is expected to cut repo rates in February 2025 and such a decision, it at all taken, is unlikely to be impacted by rupee's weakness against the dollar, asserted SBI Research in a report. The report put out the day RBI announced its monetary policy, the SBI Research report said it expects RBI …

RBI MPC meeting: Repo rate unchanged. What are other key takeaways? 10 points
2 weeks, 4 days 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 monetary policy: Repo rate to remain unchanged at 6.5%, says Shaktikanta Das
2 weeks, 4 days ago

RBI monetary policy: Repo rate to remain unchanged at 6.5%, says Shaktikanta Das

Firstpost  

RBI Governor Shaktikanta Das has announced that the Monetary Policy Committee has decided to keep the repo rate, the interest rate at which RBI lends to banks, unchanged at 6.5% The new monetary policy committee of the Reserve Bank of India, led by Governor Shaktikanta Das, will announce the policy interest rate today, which currently stands at 6.5 per cent.File …

RBI MPC Highlights: Sensex, Nifty Close In Red As RBI Keep Repo Rate Unchanged At 6.5%
2 weeks, 4 days ago

RBI MPC Highlights: Sensex, Nifty Close In Red As RBI Keep Repo Rate Unchanged At 6.5%

ABP News  

Business News Highlights: Hello and welcome to ABP Live's Business LIVE blog. In the last MPC meeting, held from October 7-9, the committee decided to keep the benchmark interest rate at 6.5 per cent, marking the tenth consecutive meeting with no change in rates. However, Nomura predicts a 25 basis point repo rate cut by the RBI in this Monetary …

RBI keeps interest rate unchanged at 6.5%, lowers GDP projection to 6.6%, cuts CRR to 4%
Trending News
2 weeks, 4 days 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
2 weeks, 4 days 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 keeps repo rate unchanged for 11th time in a row at 6.5 per cent
2 weeks, 4 days ago

RBI keeps repo rate unchanged for 11th time in a row at 6.5 per cent

India TV News  

Amid high inflation and weak GDP growth numbers, the Reserve Bank on Friday kept repo rate unchanged at 6.5 per cent with a majority decision of 4:2. Das announced, "The Monetary Policy Committee decided by a majority of 4:2 to keep the policy repo rate unchanged at 6.5%. Reserve Bank Governor Shaktikanta Das headed six-member Monetary Policy Committee started its …

No change expected in repo rate at next week's RBI monetary policy committee meet, cut ‘very likely’ in Feb: Report
3 weeks, 3 days ago

No change expected in repo rate at next week's RBI monetary policy committee meet, cut ‘very likely’ in Feb: Report

Hindustan Times  

HDFC Bank estimates that the central Reserve Bank of India would keep the repo rate steady at 6.5% in its final monetary policy committee meeting of the year, to be held next week, the country's largest private sector bank said in a report. RBI held its previous monetary policy committee meeting in October A rate cut is “very much possible” …

RBI to keep repo rate unchanged at meeting next week, chances of rate cut in Feb increased: Report
Trending News
3 weeks, 3 days ago

RBI to keep repo rate unchanged at meeting next week, chances of rate cut in Feb increased: Report

Live Mint  

New Delhi, November 30 : The Reserve Bank of India is expected to maintain its policy rate during its upcoming meeting next week, as GDP growth slowed significantly in the second quarter of FY25. It said "We anticipate that the RBI will maintain the current policy rate at its meeting next week, although the likelihood of a rate cut in …

RBI Set to Make a Big Decision on Your EMI: What You Need to Know!
1 month, 1 week ago

RBI Set to Make a Big Decision on Your EMI: What You Need to Know!

ABP News  

Amid the festive season, there seems to be no relief on the horizon for your EMIs. However, experts believe that the RBI is unlikely to make such a move anytime soon, as domestic inflation remains a significant concern. Although the Federal Reserve's rate cuts could have a global impact, including easing financial conditions in India, the RBI is cautious due …

Rate cuts set to boost market confidence
2 months, 4 weeks ago

Rate cuts set to boost market confidence

China Daily  

China's top financial regulators, in a move that went beyond market expectations, unveiled a potent combination of monetary easing measures on Tuesday, aimed at anchoring market confidence and underpinning economic recovery amid domestic and global headwinds, analysts said. Pan Gongsheng, governor of the People's Bank of China, the nation's central bank, said at a news conference on Tuesday that the …

Why the Reserve Bank will be forced to cut rates before year's end
3 months, 2 weeks ago

Why the Reserve Bank will be forced to cut rates before year's end

ABC  

Until just a few weeks ago, it seemed as though the developed world had pulled off what once was thought to be the impossible. And yet, despite this mounting evidence of a critical economic slump, there remains a rump of high-profile economists openly criticising the Reserve Bank of Australia's reluctance to push interest rates above 5 per cent. Parliament House …

RBI Policy review: No impact on home loan EMIs as repo rate kept unchanged, sets positive tone for the realty sector
4 months, 2 weeks 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 keeps repo rate steady: Will there be any impact on your home loan EMIs
4 months, 2 weeks ago

RBI keeps repo rate steady: Will there be any impact on your home loan EMIs

Hindustan Times  

The Reserve Bank of India kept repo rate steady at 6.5 percent for the ninth time in a row in its Monetary Policy Committee review. This year, HDFC Bank increased home loan rates for new borrowers by 40 basis points despite repo rates being steady. For HDFC Bank, the lowest interest rate on a ₹50-lakh home loan was 8.35 per …

9 Times and Counting: Repo Rate on Hold Again, Decoding RBI's Steady 6.5% Stance
4 months, 2 weeks ago

9 Times and Counting: Repo Rate on Hold Again, Decoding RBI's Steady 6.5% Stance

News 18  

RBI has kept the benchmark interest rate unchanged for the 9th time in a row at 6.5%. Announcing the third bi-monthly monetary policy for the current financial year, RBI Governor Shaktikanta Das said the Monetary Policy Committee has decided to keep the repo rate unchanged. RBI MPC Meeting LIVE Updates “Inflation and growth are evolving in a balanced manner, though …

RBI keeps Repo rate unchanged at 6.5% for ninth consecutive time
4 months, 2 weeks ago

RBI keeps Repo rate unchanged at 6.5% for ninth consecutive time

Deccan Chronicle  

In a move reflecting its cautious approach amid ongoing economic uncertainties, the Reserve Bank of India has decided to keep the repo rate unchanged at 6.5 per cent. It decided by a majority of four members to keep the policy repo rate unchanged at 6.5 per cent. The central bank's commitment to bringing inflation down to its 4 per cent …

Monetary Policy: RBI keeps repo rate unchanged for 9th time in a row at 6.5 pc
4 months, 2 weeks ago

Monetary Policy: RBI keeps repo rate unchanged for 9th time in a row at 6.5 pc

India TV News  

The Reserve Bank of India has decided to keep the repo rate unchanged at 6.5%, ensuring no immediate impact on loan EMIs. The Reserve Bank of India announced on Thursday that the Monetary Policy Committee has decided to keep the policy repo rate unchanged at 6.5%. Consequently, the standing deposit facility rate remains at 6.25%, and the marginal standing facility …

Flexible H2 money policy foreseen
5 months, 1 week ago

Flexible H2 money policy foreseen

China Daily  

A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. China's monetary policy is likely to stay accommodative in the second half of the year as the latest economic and financial indicators point to the need for further policy support while growing expectations of US interest rate cuts create more room for …

RBI Policy review: Unchanged interest rates expected to have a stabilizing effect on the real estate sector, say experts
6 months, 2 weeks 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 …

Markets hold on to early gains after RBI monetary policy decision
6 months, 2 weeks ago

Markets hold on to early gains after RBI monetary policy decision

The Hindu  

Benchmark equity indices jumped in late morning trade on June 7, extending their rally to the third straight session, after the RBI decided to keep the policy rate unchanged for the eighth time in a row, in line with market expectations. The 30-share BSE Sensex jumped 907.43 points to 75,981.94 during the late morning trade. The Reserve Bank of India …

RBI keeps repo rate unchanged at 6.5%: Top announcements by Shaktikanta Das
6 months, 2 weeks ago

RBI keeps repo rate unchanged at 6.5%: Top announcements by Shaktikanta Das

Hindustan Times  

Reserve Bank of India Governor Shaktikanta Das said that Monetary Policy Committee decided to keep the policy repo rate unchanged at 6.5 per cent as retail inflation continues to be above its target of 4 per cent. The MPC decided to keep the repo rate steady by a majority decision, RBI Governor said. Reserve Bank of India Governor Shaktikanta Das …

RBI keeps repo rate unchanged at 6.5%: What MPC policy means for home buyers
6 months, 2 weeks 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 …

Markets hold on to early gains after RBI monetary policy decision
6 months, 2 weeks ago

Markets hold on to early gains after RBI monetary policy decision

New Indian Express  

MUMBAI: Benchmark equity indices jumped in late morning trade on Friday, extending their rally to the third straight session, after the RBI decided to keep the policy rate unchanged for the eighth time in a row, in line with market expectations. In the past two days, the BSE benchmark surged 2,995.46 points or 4.15 per cent after Tuesday's massive rout. …

RBI maintains status quo for 8th time in a row; repo rate unchanged at 6.5%
6 months, 2 weeks ago

RBI maintains status quo for 8th time in a row; repo rate unchanged at 6.5%

New Indian Express  

MUMBAI: Fearing a spike in inflation during the second half of the fiscal year and forecasting stronger economic growth, the Monetary Policy Committee, chaired by Reserve Bank of India governor Shaktikanta Das, on Friday, left the key policy rates unchanged at 6.5 percent for the eighth consecutive time. The last time the rate-setting panel tweaked the repo rate was a …

RBI MPC: Central Bank Unlikely To Cut Interest Rate On June 7 Amid Lok Sabha Election Results, Says Experts
6 months, 2 weeks 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 Monetary Policy 2024: Stability in interest rates to benefit homebuyers; boost housing sales
8 months, 2 weeks 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
8 months, 2 weeks 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
8 months, 2 weeks 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
8 months, 2 weeks 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 keeps repo rate unchanged at 6.5%, cites food-inflation risk
10 months, 2 weeks ago

RBI keeps repo rate unchanged at 6.5%, cites food-inflation risk

Hindustan Times  

The Reserve Bank of India on Thursday kept its benchmark repo rate unchanged at 6.5% for the sixth straight time, staying focused on anchoring inflation and boosting growth. “Uncertainty in food prices continues to impinge on headline inflation,” RBI governor Shaktikanta Das said at a briefing in Mumbai. A hike makes borrowing expensive for businesses, limiting money supply and cooling …

Real estate sector welcomes RBI’s decision to keep repo rates unchanged at 6.5%
10 months, 2 weeks 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 …

RBI keeps repo rate unchanged at 6.5%
10 months, 2 weeks ago

RBI keeps repo rate unchanged at 6.5%

Deccan Chronicle  

The Monetary Policy Committee of the Reserve Bank of India in its February review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, thus maintaining status quo for the sixth straight time.The repo rate is the rate of interest at which RBI lends to other banks.Deliberating the policy statement on Friday morning after a three-day …

RBI policy: Central bank keeps repo unchanged at 6.5 per cent for sixth straight time
10 months, 2 weeks ago

RBI policy: Central bank keeps repo unchanged at 6.5 per cent for sixth straight time

Hindustan Times  

The Reserve Bank of India on Thursday kept repo rate unchanged at 6.5 percent in its Monetary Policy Committee meeting on February 8. In its last Monetary Policy Committee meeting on December 8, the central bank had kept the repo rate unchanged for the fifth time in a row. Governor Shaktikanta Das had raised the growth projection to 7 per …

Market falls sharply after RBI keeps repo rates unchanged for the sixth time
10 months, 2 weeks 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 …

‘Monetary policy actively disinflationary’: RBI keeps repo rate unchanged at 6.5%
1 year ago

‘Monetary policy actively disinflationary’: RBI keeps repo rate unchanged at 6.5%

Hindustan Times  

The Reserve Bank of India on Friday maintained its benchmark repo rate at 6.5%, keeping its focus on anchoring inflation and boosting growth. Monetary policy will remain actively “disinflationary”, RBI Governor Shaktikanta Das said after a two-day meeting of the bank’s six-member monetary policy committee. He said that the central bank’s successive policy rate hikes, a reference to increases in …

RBI Watching Inflation Like a Hawk, But Keeps Rates in Check For Festive Cheer
1 year, 2 months ago

RBI Watching Inflation Like a Hawk, But Keeps Rates in Check For Festive Cheer

News 18  

The inflation genie is not back in the bottle yet, with sub-optimal Kharif sowing in pulses and oilseeds expected to lead to an increase in dal and cooking oil prices going forward. Such weighty inflation considerations could have pushed the Reserve Bank of India to raise lending rates in its bi-monthly monetary policy review, which concluded on Friday morning. Anuj …

RBI Keeps Repo Rate Unchanged: What It Means For Your Home Loan?
1 year, 2 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 Policy meet: Key things to watch out for
1 year, 2 months ago

RBI Policy meet: Key things to watch out for

Live Mint  

Reserve Bank of India Governor Shaktikanta Das will unveil the fourth monetary policy of the financial year 2023-24 on Friday, October 6, after a two-day review, as it observes the impact of global headwinds on India's macroeconomic indicators such as inflation trajectory and the growth in gross domestic product. Economists expect RBI to hold rates steady According to majority of …

RBI monetary policy review meeting commences, another pause in repo rate likely
1 year, 2 months ago

RBI monetary policy review meeting commences, another pause in repo rate likely

Deccan Chronicle  

Mumbai: The three-day bi-monthly monetary policy committee meeting of the RBI started on Wednesday with financial market participants set to closely monitor the outcome and the policy stance of the central bank. "Domestically, we believe at 6.50 per cent, we are in for a prolonged pause as seasonality of inflation is tapering first.," SBI Research report, authored by Soumya Kanti …

RBI Monetary Policy: Central bank likely to hold rates, maintain hawkish stance
1 year, 2 months ago

RBI Monetary Policy: Central bank likely to hold rates, maintain hawkish stance

India Today  

The Reserve Bank of India's Monetary Policy Committee is expected to maintain key interest rates in its upcoming decision but maintain focus on inflation amid rising global crude oil prices and sustained economic growth. In a survey of 71 economists conducted by news agency Reuters in late September, all but one anticipated that the RBI would keep its key repo …

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 maintains pause for third time in a row, keeps repo rate unchanged at 6.5%
1 year, 4 months ago

RBI maintains pause for third time in a row, keeps repo rate unchanged at 6.5%

Firstpost  

Reserve Bank of India Governor Shaktikanta Das on Thursday said that Monetary Policy Committee has unanimously decided to keep the repo rate unchanged at 6.5 per cent Reserve Bank of India Governor Shaktikanta Das on Thursday said that Monetary Policy Committee has unanimously decided to keep the repo rate unchanged at 6.5 per cent. #WATCH | RBI Governor Shaktikanta Das …

RBI MPC Meeting: Here are key takeaways from RBI policy decision
1 year, 4 months ago

RBI MPC Meeting: Here are key takeaways from RBI policy decision

Live Mint  

On expected lines, the Reserve Bank of India chose to keep policy rates and stance unchanged on Thursday despite the recent spike in food inflation and a rate hike by the US Fed in July. Shaktikanta Das led the monetary policy committee unanimously decided to keep the repo rate unchanged at 6.50 per cent for the third straight meeting in …

RBI keeps repo rate unchanged in third straight policy meet
1 year, 4 months ago

RBI keeps repo rate unchanged in third straight policy meet

Deccan Chronicle  

Mumbai: The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most financial markets had expected. RBI Governor Shaktikanta Das on Thursday at a press conference said, "Monetary Policy Committee decided unanimously to keep the Repo Rate unchanged at 6.50%" RBI typically conducts six bi-monthly …

Stock markets fall after RBI monetary policy decision, inflation concern looms large
1 year, 4 months ago

Stock markets fall after RBI monetary policy decision, inflation concern looms large

India TV News  

Following the RBI monetary policy, Benchmark equity indices declined on Thursday dragged down by banking counters, after the unexpected announcement of reducing cash in the financial system. It retained the stance on "withdrawal of accommodation" but Governor Shaktikanta Das sounded hawkish when he highlighted that headline inflation needs to subside sustainably below 4 per cent and any surge in the …

Will Your Loan EMI Go Up From September? How Experts See RBI's BIG Meeting This Week?
1 year, 4 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 may continue to hold rate amid concern over inflation: Experts
1 year, 4 months ago

RBI may continue to hold rate amid concern over inflation: Experts

India TV News  

The Reserve Bank of India is likely to continue with the pause on the key interest rate at its upcoming monetary policy review, as concerns on the inflation front and keeping the borrowing cost stable to maintain the economic growth momentum persist, said experts. The borrowing cost, which started rising in May last year, has stabilised with the RBI keeping …

Monetary Policy Committee: 'Fight against inflation not over, job only half done,' says RBI Governor
1 year, 6 months ago

Monetary Policy Committee: 'Fight against inflation not over, job only half done,' says RBI Governor

India TV News  

Shaktikanta Das, governor of the Reserve Bank of India, stated on Thursday that restoring India's inflation levels to a manageable range is like finishing a job that is half done. Our fight against inflation is not yet over," the RBI Governor said at the latest monetary policy meeting held from June 6-8, the minutes of which were published on Thursday. …

RBI Holds Interest Rate Hike Again; Home Buyers Set To Get Relief
1 year, 6 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 …

RBI policy: How will your home loan EMIs be affected by rate pause or hike?
1 year, 6 months ago

RBI policy: How will your home loan EMIs be affected by rate pause or hike?

Live Mint  

Limelight is once again back at RBI who is set to declare the second bi-monthly monetary policy decision of FY24 on June 8th. Either way, a hike or a pause, RBI's repo rate action will have an impact on your home loan EMIs. Read here: RBI Policy: MPC to begin bi-monthly monetary policy meeting today; repo rate decision on June …

Discover Related