Monetary Policy: RBI keeps policy rate unchanged for 6th time in a row; cuts growth forecast to 9.5%
3 years, 7 months ago

Monetary Policy: RBI keeps policy rate unchanged for 6th time in a row; cuts growth forecast to 9.5%

India TV News  

The Reserve Bank of India has decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy faces heat of the second COVID wave. MPC decided to maintain status quo, that is keeping benchmark repurchase rate at 4 per cent, Das said while announcing the bi-monthly monetary policy review on Friday. Das said MPC voted unanimously for keeping interest rate unchanged and decided to continue with its accommodative stance as long as necessary to support growth and keep inflation within the target. The central bank lowered its estimate for economic growth to 9.5 per cent for the current fiscal from earlier projection of 10.5 per cent due to the impact of the second COVID wave.

History of this topic

RBI may cut policy rates by 50 basis points in first half of 2025: Report
1 week, 5 days ago
Fed's rate cuts and hawkish outlook: Implications for Indian markets
3 weeks ago
RBI: After another status quo year, all eyes on a growth-propping rate cut with new Guv at helm
3 weeks, 3 days ago
RBI’s monetary policy panel divided over timing of rate action
3 weeks, 4 days ago
Price stability crucial for India’s economic growth, says RBI
3 weeks, 4 days ago
RBI MPC Minutes: India’s inflation-growth balance unsettled, food CPI to moderate in Q4; 5 key highlights
3 weeks, 4 days ago
RBI MPC may delay rate cut to April 2025 amid US Fed’s hawkish stance: Will this impact growth?
3 weeks, 5 days ago
RBI May Begin Shallow Rate Cut Cycle From Feb Amid Global Turmoil
4 weeks, 2 days ago
Growth slowdown: Why lay a deeper economic malaise at RBI’s door?
1 month ago
Why RBI is central to the country’s economy
1 month ago
RBI repo rate cut expectations build as CPI inflation moderates; Economists expect shallow rate-cut cycle from February
1 month ago
DC Edit | FM, new RBI chief signal cut
1 month ago
Retail inflation eases to 5.48% in November from above 6% in October
1 month ago
Inflation likely eased to 5.5% in November: Mint poll
1 month ago
DC Edit | Will RBI tweak inflation focus?
1 month ago
RBI cuts banks’ reserve requirements, a precursor to policy rate easing
1 month ago
Immensely grateful: Shaktikanta Das thanks PM Modi on last day as RBI Governor
1 month ago
SBI Research anticipates RBI repo rate cut in February policy meet
1 month, 1 week ago
​Staying the course: On the RBI and inflation
Trending News
1 month, 1 week ago
DC Edit | RBI still cautious, but cuts CRR
1 month, 1 week ago
Stalled demand, sluggish growth
1 month, 1 week ago
RBI signals cautious optimism on growth-inflation balance
1 month, 1 week ago
RBI MPC Dec 2024: Central Bank Slashes CRR By 50 Bps, Here's What It Means
1 month, 1 week ago
Why RBI cut CRR to 4% and reduced GDP growth forecast to 6.6%
1 month, 1 week ago
RBI monetary policy decision: Is an RBI rate cut coming after Union Budget 2025? What experts suggest
Trending News
1 month, 1 week ago
Changes to India’s repo rate since June 2000
1 month, 1 week ago
RBI cuts GDP growth projection to 6.6%, repo rate unchanged at 6.5%
1 month, 1 week ago
RBI Policy Outcome: RBI cuts cash reserve ratio by 50 bps to 4%
1 month, 1 week ago
RBI Monetary Policy: MPC projects FY25 GDP growth at 6.6%; cuts estimates from 7.2% earlier
1 month, 1 week ago
RBI monetary policy: MPC projects FY25 inflation at 4.8%
1 month, 1 week ago
RBI monetary policy: Repo rate to remain unchanged at 6.5%, says Shaktikanta Das
1 month, 1 week ago
RBI keeps repo rate at 6.5% for 11th time in a row
1 month, 1 week ago
RBI Monetary Policy: Inflation remains a concern; FY25 growth estimates trimmed-5 key highlights from RBI MPC outcome
1 month, 1 week ago
Rupee expected to open higher amid Dollar decline and RBI policy review
1 month, 1 week ago
RBI to Announce Interest Rate Decision Amid High Inflation
1 month, 1 week ago
RBI monetary policy meeting: Will governor Shaktikanta Das announce a rate cut? What to expect?
1 month, 1 week ago
RBI MPC verdict today: Repo rate to GDP, inflation forecasts— here are 5 key indicators to watch
1 month, 1 week ago
RBI governor refuses to pay heed to Finance Minister, says GDP shocker is behind us
Trending News
1 month, 1 week ago
RBI keeps interest rate unchanged at 6.5%, lowers GDP projection to 6.6%, cuts CRR to 4%
Trending News
1 month, 1 week ago
Lower GDP forecast to CRR boost: 6 key takeaways from RBI MPC
1 month, 1 week ago
RBI MPC announcement: Will RBI Governor Shaktikanta Das cut key lending rates?
1 month, 1 week ago
RBI keeps repo rate unchanged for 11th time in a row at 6.5 per cent
1 month, 1 week ago
RBI keeps key lending rate unchanged at 6.5%, focus remains on tackling inflation
1 month, 1 week ago
RBI cuts growth forecast to 6.6 per cent, revises inflation estimate to 4.8 per cent for FY25
1 month, 1 week ago
RBI must restore balance between inflation, growth
1 month, 1 week ago
RBI must restore balance between inflation, growth
1 month, 1 week ago
RBI MPC Meeting: What happens if the central bank cuts interest rates tomorrow? D-Street experts weigh in
Trending News
1 month, 1 week ago
RBI MPC Meeting: When and where to watch Governor Shaktikanta Das’ policy announcement
1 month, 1 week ago
RBI Policy: MPC meeting begins today; will the central bank cut the repo rate? Experts weigh in
1 month, 1 week ago
RBI MPC meet: Growth needs a boost, but will inflation hold back rate cut?
Trending News
1 month, 1 week ago

Discover Related