RBI monetary policy: Repo rate hiked by 50 bps to 5.4%, back to pre-pandemic levels
2 years, 4 months ago

RBI monetary policy: Repo rate hiked by 50 bps to 5.4%, back to pre-pandemic levels

Firstpost  

Announcing the RBI monetary policy review, Governor Shaktikanta Das said that the FY23 GDP growth forecast has been retained at 7.2 per cent Mumbai: The repo rate has been hiked by 50 basis points to 5.4 per cent by the Reserve Bank Monetary Policy Committee on Friday. RBI retains GDP growth forecast for FY23 at 7.2 per cent RBI Governor Shaktikanta Das said that the FY23 GDP growth forecast has been retained at 7.2 per cent. RBI retains CPI inflation forecast for FY23 at 6.7 per cent The RBI Governor said that the household inflation expectations have eased, but remain elevated. RBI on Inflation Inflation is expected to remain above the RBI’s 6 per cent threshold in the second and third quarters of the current fiscal year, for which the MPC stressed that sustained high inflation could destabilise inflation expectations and harm growth in the medium, Das said.

History of this topic

Growth Impacted By Multiple Factors, Not Just Repo Rate: Shaktikanta Das
1 week, 6 days ago
Immensely grateful: Shaktikanta Das thanks PM Modi on last day as RBI Governor
2 weeks ago
SBI Research anticipates RBI repo rate cut in February policy meet
2 weeks, 2 days ago
SBI forecasts GDP growth of 6.3%, lower than RBI's 6.6% estimate for FY25
2 weeks, 3 days ago
RBI cuts GDP growth projection to 6.6%, repo rate unchanged at 6.5%
2 weeks, 4 days ago
RBI Monetary Policy: MPC projects FY25 GDP growth at 6.6%; cuts estimates from 7.2% earlier
2 weeks, 4 days ago
RBI monetary policy: Repo rate to remain unchanged at 6.5%, says Shaktikanta Das
2 weeks, 4 days ago
RBI Monetary Policy: Inflation remains a concern; FY25 growth estimates trimmed-5 key highlights from RBI MPC outcome
2 weeks, 4 days ago
RBI to Announce Interest Rate Decision Amid High Inflation
2 weeks, 4 days ago
RBI MPC verdict today: Repo rate to GDP, inflation forecasts— here are 5 key indicators to watch
2 weeks, 4 days ago
RBI governor refuses to pay heed to Finance Minister, says GDP shocker is behind us
Trending News
2 weeks, 4 days ago
RBI must restore balance between inflation, growth
2 weeks, 4 days ago
RBI MPC announcement: Will RBI Governor Shaktikanta Das cut key lending rates?
2 weeks, 4 days ago
Lower GDP forecast to CRR boost: 6 key takeaways from RBI MPC
2 weeks, 4 days ago
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 key lending rate unchanged at 6.5%, focus remains on tackling inflation
2 weeks, 4 days ago
RBI cuts growth forecast to 6.6 per cent, revises inflation estimate to 4.8 per cent for FY25
2 weeks, 4 days ago
RBI keeps repo rate unchanged for 11th time in a row at 6.5 per cent
2 weeks, 4 days ago
RBI must restore balance between inflation, growth
2 weeks, 4 days ago
RBI MPC Meeting: What happens if the central bank cuts interest rates tomorrow? D-Street experts weigh in
Trending News
2 weeks, 4 days ago
Monetary policy review: RBI should stick to its price stability mandate
2 weeks, 6 days ago
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’s GDP projections on test as India’s Q2 GDP growth falls short
3 weeks, 3 days ago
Land, labour, agri law reforms needed for growth: RBI Governor Shaktikanta Das
3 months, 2 weeks ago
Slowing of GDP growth due to lower govt spending, MCC: RBI Governor
3 months, 3 weeks ago
India's GDP growth moderates to 6.7% in Q1 2024-25, lowest growth in five consecutive quarters
3 months, 3 weeks ago
RBI keeps repo rate steady: Will there be any impact on your home loan EMIs
4 months, 2 weeks ago
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%; Inflation, GDP growth forecast for FY25 retained
4 months, 2 weeks ago
Monetary Policy: RBI keeps repo rate unchanged for 9th time in a row at 6.5 pc
4 months, 2 weeks ago
India to clock GDP growth of 7% in FY25: NITI Aayog member Arvind Virmani
5 months, 1 week ago
Positive on GDP growth, working to bring inflation under control: RBI Governor Shaktikanta Das
5 months, 4 weeks ago
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%: What MPC policy means for home buyers
6 months, 2 weeks ago
RBI Monetary Policy: Raises FY25 real GDP growth forecast to 7.2% from 7%
6 months, 2 weeks ago
RBI monetary policy: MPC keeps FY25 inflation forecast unchanged at 4.5%
6 months, 2 weeks ago
RBI MPC June 2024: Repo Rate Unchanged, FY25 Growth Raised To 7.2%, Other Announcements By Shaktikanta Das
6 months, 2 weeks ago
Markets hold on to early gains after RBI monetary policy decision
6 months, 2 weeks ago
RBI maintains status quo for 8th time in a row; repo rate unchanged at 6.5%
6 months, 2 weeks ago
UNCTAD sees India’s GDP growth slip to 6.5% in 2024 vs 6.7% in 2023: ‘RBI likely to keep interest rates constant’
8 months, 1 week ago
March Inflation at 4.85%, Industrial Output 5.7% in February
8 months, 1 week ago
RBI MPC meet: GDP growth forecast retained at 7% for FY25
8 months, 2 weeks ago
RBI MPC Keeps Repo Rate Same At 6.5% For 7th Time; FY25 GDP Pegged At 7%, CPI Inflation At 4.5%
8 months, 2 weeks ago
What RBI governor said on repo rate, inflation, GDP growth: Top points
8 months, 2 weeks ago
RBI MPC maintains repo rate at 6.5 per cent for the 7th consecutive time
8 months, 2 weeks ago
RBI Governor Shaktikanta Das Meet Finance Minister Ahead Of MPC
9 months ago
India's GDP grew by 8.4 per cent in December quarter, surpassing expectations
9 months, 3 weeks ago
RBI pegs FY25 growth at 7%, inflation at 4.5%
10 months, 2 weeks ago
DC Edit | RBI is right to be cautious
10 months, 2 weeks ago
RBI pegs FY'25 GDP growth at 7% on improved consumption demand, private capex spends
10 months, 2 weeks ago

Discover Related