Aligning inflation to RBI’s 4 per cent target key to ensuring growth: MPC minutes
3 months ago

Aligning inflation to RBI’s 4 per cent target key to ensuring growth: MPC minutes

New Indian Express  

MUMBAI: The members of the Reserve Bank rate-setting panel in the minutes of its December meeting released on Friday said high prices are the cause for demand slowdown, and aligning inflation to the central bank’s 4% target is the key to ensuring sustained economic growth. Nagesh Kumar called for a 25 basis points reduction in policy, saying “I believe a rate cut would help in reviving economic growth without worsening the inflationary situation, which may soften with seasonal correction in prices.” Kumar said the limited impact monetary policy has on food inflation alongside the sharp slowdown in growth as reasons to shift policy gears. Lower inflation to enhance disposable income Lower inflation will enhance disposable income and increase purchasing power, and this would support consumption and investment demand, Das said. Nagesh kumar called for a 25 basis points reduction in policy, saying “I believe a rate cut would help in reviving economic growth without worsening the inflationary situation.”

Growth Inflation Monetary Policy Economic Growth Das Kumar Disposable Income Lower Inflation  economic  das  enhance  rbis  demand  key  support  monetary  policy  disposable  ensuring  mpc  target  cent  inflation  aligning  growth  minutes

History of this topic

Declining Inflation Sets The Stage For Stronger GDP Growth; Here's How
1 week, 6 days ago

Declining Inflation Sets The Stage For Stronger GDP Growth; Here's How

ABP News  

The decline in retail inflation to a level that is below the RBI’s targeted level of 4 per cent is expected to pave the way for accelerating GDP growth ahead as it provides the central bank with more headroom to cut interest rates and expand liquidity to spur economic activity and create more jobs. Similarly, a Crisil report states that …

Mint Quick Edit | Inflation: In RBI’s control at last?
1 week, 6 days ago

Mint Quick Edit | Inflation: In RBI’s control at last?

Live Mint  

In January 2025, inflation was almost 4.3%. Policymakers at RBI would be heaving a sigh of relief, as the drop seems to validate their decision to cut interest rates last month in anticipation of a price cool-off. With concerns of economic growth having mounted, RBI’s next decision due in April could confirm a pivot away from inflation control to a …

RBI MPC minutes: Nagesh Kumar targeted 50 bps rate cut amid economy slowdown, but…
1 month ago

RBI MPC minutes: Nagesh Kumar targeted 50 bps rate cut amid economy slowdown, but…

Live Mint  

Reserve Bank of India Monetary Policy Committee member Dr. Nagesh Kumar was keen on opting for a 50 basis point rate cut given the economic slowdown, but ultimately voted for a 25 bps cut due to global uncertainties, revealed the MPC meeting minutes released on Friday. In his RBI MPC statement, Kumar, an external member of the committee, said the …

‘Lower policy rate more appropriate in current juncture’
1 month ago

‘Lower policy rate more appropriate in current juncture’

The Hindu  

Supporting growth through monetary easing was the prime motivation of the six-member Monetary Policy Committee behind their unanimous decision to vote for a rate cut, the minutes of the February 5-7, 2025 MPC meeting revealed. “Domestically, there is a need to preserve the high growth momentum, while maintaining price stability, necessitating monetary policy to use various policy instruments to maintain …

RBI MPC Minutes: Inflation moderate in near-term, global trade policies pose risk to growth outlook; 5 key highlights
1 month ago

RBI MPC Minutes: Inflation moderate in near-term, global trade policies pose risk to growth outlook; 5 key highlights

Live Mint  

The Reserve Bank of India released the minutes of the Monetary Policy Committee meeting on Friday, February 21, highlighting that India's repo rate reduction was an appropriate policy response, with retail inflation moving towards the central bank's four per cent target. In his maiden monetary policy review, RBI Governor Malhotra expressed an optimistic outlook for India’s economic growth, saying the …

MPC minutes: Rate cut appropriate monetary policy response, opined RBI Guv
1 month ago

MPC minutes: Rate cut appropriate monetary policy response, opined RBI Guv

Live Mint  

Mumbai, Feb 21 Reserve Bank Governor Sanjay Malhotra opined that rate reduction was an appropriate monetary policy response at this juncture citing movement of inflation towards the central bank's 4 per cent target, said the MPC meeting minutes released on Friday. "Given the macroeconomic outlook when inflation is expected to align with the target, and recognising that monetary policy is …

India’s Economic Growth Set to Pick Up Pace, RBI Says
1 month ago

India’s Economic Growth Set to Pick Up Pace, RBI Says

Live Mint  

-- India’s economy has recovered its lost momentum and consumption demand may improve on the back of moderating inflation and tax relief, the Reserve Bank of India said in its monthly bulletin. According to the RBI report, robust monsoon-sown crop and better winter sowing, along with higher reservoir levels, “augur well for food inflation going forward.” But uncertainty in global …

Despite RBI's rate cut, spurring GDP growth is an uphill task
1 month, 2 weeks ago

Despite RBI's rate cut, spurring GDP growth is an uphill task

Live Mint  

The interest charged on loans is the most important price in an economy. Inflation held on a tight rein, RBI’s explicit mandate since 2016, is aimed not just at public relief on the cost of living, vital in itself, but also at easing the cost of capital: it lessens the risk of lenders being repaid less in real terms because …

Monetary policy: Surely, a rate cut could’ve waited for some clarity to emerge
1 month, 2 weeks ago

Monetary policy: Surely, a rate cut could’ve waited for some clarity to emerge

Live Mint  

Even in the otherwise arcane world of central banks, where rules have long displaced discretion and legislated mandates are the order of the day. How else can one explain the difference in policy outcomes at the February 2025 meeting of the Reserve Bank of India’s Monetary Policy Committee vis-à-vis its earlier meeting in December 2024? After the shift to ‘flexible …

‘Interest rate cut, tax stimulus to revive demand, investments’
1 month, 2 weeks ago

‘Interest rate cut, tax stimulus to revive demand, investments’

The Hindu  

India Inc. is gearing up a consumption recovery and reviewing existing capacities’ utilization rates, following the Budget’s push for consumption, combined with the interest rate cut initiated by the central bank on Friday, Finance Minister Nirmala Sitharaman indicated on Saturday, signaling this could be a precursor for a durable recovery in private investments in the coming year. Asserting that India’s …

Fiscal and monetary measures to boost consumption, private investment says FM
1 month, 2 weeks ago

Fiscal and monetary measures to boost consumption, private investment says FM

The Hindu  

Finance Minister Nirmala Sitharaman on Saturday said, “Fiscal and monetary measures announced recently will help boost consumption and promote private investment.” The Budget presented by the Finance Minister on February 1 proposed a slew of measures including significant income tax cuts for the middle class. On the monetary side, the Reserve Bank of India on Friday slashed the policy rate …

RBI Governor Sanjay Malhotra targets ‘investor-friendly’ India: How will the rate cut impact sluggish growth?
1 month, 2 weeks ago

RBI Governor Sanjay Malhotra targets ‘investor-friendly’ India: How will the rate cut impact sluggish growth?

Live Mint  

The Reserve Bank of India Governor Sanjay Malhotra said on Saturday, February 8, that the central bank aims to make India more investor-friendly, and the rates cuts are set to support growth and consumption in the nation, PTI reported. The Reserve Bank of India on February 7 announced a 25-basis-points rate cut to 6.25 per cent, to fuel the growth …

RBI repo rate cut, coupled with tax sops in Budget, could boost consumption
1 month, 2 weeks ago

RBI repo rate cut, coupled with tax sops in Budget, could boost consumption

India Today  

The Reserve Bank of India, in its first rate cut in nearly five years, has lowered the repo rate by 25 basis points to 6.25 per cent. We expect the MPC to cut another 75-100 basis points off the policy rate next fiscal,” said Joshi. Many experts had predicted that the MPC, chaired by new RBI governor Sanjay Malhotra, would …

RBI Monetary Policy: Is the rate cut a growth pill to boost demand? Here’s what it means for the Indian economy
Trending News
1 month, 2 weeks ago

RBI Monetary Policy: Is the rate cut a growth pill to boost demand? Here’s what it means for the Indian economy

Live Mint  

The Monetary Policy Committee of the Reserve Bank of India, led by Governor Sanjay Malhotra, has proposed a new repo rate of 6.25%. "Since the budget has proposed measures to propel domestic consumption and higher government capex, this rate reduction from RBI would further support growth," industry lobby grouping IBA's chairman M V Rao said in a statement. "Though additional …

RBI's rate cut sets stage for further easing of interest rates in near term: India Inc
1 month, 2 weeks ago

RBI's rate cut sets stage for further easing of interest rates in near term: India Inc

The Hindu  

India Inc. welcomed the Reserve Bank of India’s move to slash the benchmark interest rate for the first time in nearly five years on Friday and asserted that it will complement the consumption-boosting measures announced in the last week’s Budget, providing much-needed support to the economy. Industry bodies were of the view that the Reserve Bank's 25 basis points rate …

RBI to use new data, develop robust models to improve inflation forecasting
1 month, 2 weeks ago

RBI to use new data, develop robust models to improve inflation forecasting

Live Mint  

Mumbai: The Reserve Bank of India will work on refining and strengthening its inflation targeting framework to improve macroeconomic outcomes, Governor Sanjay Malhotra said on Friday while announcing the Monetary Policy Committee's rate decisions. In his first address after assuming office on 11 December Governor Malhotra said, “We will strive to further refine the building blocks of this framework by …

RBI cuts policy rate by 25 bps to 6.25 pc, first reduction in five years
1 month, 2 weeks ago

RBI cuts policy rate by 25 bps to 6.25 pc, first reduction in five years

Deccan Chronicle  

Mumbai: The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central bank pivoted the policy stance to support a shuttering economy. The 25 basis points rate cut to 6.25 per cent comes after last rate reduction in May 2020. The Monetary Policy Committee unanimously decided to slash …

RBI monetary policy: Central bank projects inflation at 4.2% for FY26
1 month, 2 weeks ago

RBI monetary policy: Central bank projects inflation at 4.2% for FY26

Live Mint  

RBI Monetary Policy: The new Reserve Bank of India Governor Sanjay Malhotra delivered a 25 basis points rate cut on Friday, February 26, the first such move by the country's central bank in almost five years, in a bid to spur the slowing Indian economy. The MPC noted that though growth is expected to recover, it is much lower than …

RBI Monetary Policy: Governor Sanjay Malhotra delivers 25 bps rate cut for first time in 5 years; 5 key takeaways
1 month, 2 weeks ago

RBI Monetary Policy: Governor Sanjay Malhotra delivers 25 bps rate cut for first time in 5 years; 5 key takeaways

Live Mint  

RBI Monetary Policy: In line with market expectations, the Reserve Bank of India Monetary Policy Committee decided to cut the repo rate by 25 bps for the first time in nearly five years and keep the monetary stance "neutral." “The MPC decided unanimously to reduce the policy repo rate by 25 basis points from 6.50 per cent to 6.25 per …

RBI MPC meeting 2025 highlights: RBI MPC cuts repo rate by 25 bps to 6.25%
1 month, 2 weeks ago

RBI MPC meeting 2025 highlights: RBI MPC cuts repo rate by 25 bps to 6.25%

Hindustan Times  

Feb 7, 2025 11:30 AM IST RBI MPC meeting 2025 LIVE updates: Sujan Hajra, Chief Economist & Executive Director, Anand Rathi Group said the following: • "In line with our expectations, the RBI, in its first MPC meeting of 2025, started easing monetary policy as the MPC unanimously decided to reduce the policy rate by 25 bps from 6.5% to …

RBI reduces key lending rate by 25 basis points to 6.25%
1 month, 2 weeks ago

RBI reduces key lending rate by 25 basis points to 6.25%

India Today  

The Reserve Bank of India’s Monetary Policy Committee announced a rate cut by 25 basis points to 6.25% on Friday under the leadership of newly appointed Governor Sanjay Malhotra. After assessing the current and evolving macroeconomic situation, the MPC unanimously decided to reduce the policy repo rate under the liquidity adjustment facility by 25 basis points to 6.25 per cent …

Markets surge to one-month high; Focus shifts to RBI policy decision
1 month, 3 weeks ago

Markets surge to one-month high; Focus shifts to RBI policy decision

Live Mint  

Stock markets celebrated the Donald Trump administration's pause on tariff hikes on Canada and Mexico, adding nearly ₹6 trillion of wealth as investors bet that a full-fledged trade war is unlikely. “We expect RBI to improve durable liquidity and lower repo rates as growth is soft and the budget has delivered on fiscal prudence,” said Nilesh Shah, managing director of …

Budget done. Over to RBI now.
1 month, 3 weeks ago

Budget done. Over to RBI now.

Live Mint  

Mumbai: After finance minister Nirmala Sitharaman delivered a consumption-supporting budget, the ball is now in the Reserve Bank of India's court to deliver the last-mile push to growth with a rate cut next week. Rate cut expectations rise Economists expect RBI to cut the repo rate by 25 basis points on 7 February when the Monetary Policy Committee completes its …

BofA expects RBI to cut repo rate by 25 bps in February MPC meeting
1 month, 3 weeks ago

BofA expects RBI to cut repo rate by 25 bps in February MPC meeting

Live Mint  

Bank of America Global Research has projected a shift in the Reserve Bank of India's monetary policy stance, citing stabilising market sentiment and improving domestic macroeconomic conditions. According to BofA, the delayed imposition of US tariffs has allowed the RBI to focus on local growth and inflation data, paving the way for 25 basis points cut in the repo rate …

Growth to pick up in coming quarters on govt capex, says MPC member Nagesh Kumar
3 months ago

Growth to pick up in coming quarters on govt capex, says MPC member Nagesh Kumar

Live Mint  

Mumbai: India’s economic growth is expected to pick up in the coming two quarters with an increase in government spending, even as private investment lags, according to Monetary Policy Committee member Nagesh Kumar. Kumar was one of the two external members of the Reserve Bank of India’s MPC who had voted for a 25-basis-point rate cut to help revive growth, …

RBI MPC Minutes: India’s inflation-growth balance unsettled, food CPI to moderate in Q4; 5 key highlights
3 months ago

RBI MPC Minutes: India’s inflation-growth balance unsettled, food CPI to moderate in Q4; 5 key highlights

Live Mint  

The Reserve Bank of India released the minutes of the Monetary Policy Committee meeting on Friday, December 20, highlighting that India's inflation-growth balance is unsettled for now, and the rate-setting panel's priority is to restore that balance while continuing with its neutral stance a durable alignment of headline inflation with the target is achieved. The RBI, at its last bi-monthly …

MPC votes for CRR cut, expects inflation to ease in Q4
3 months ago

MPC votes for CRR cut, expects inflation to ease in Q4

New Indian Express  

The members of the Reserve Bank of India’s rate-setting panel have shifted their policy stance and voted for a Cash Reserve Ratio cut, anticipating that food inflation, which remains in the low double digits, will ease in the fourth quarter of the current financial year. The Monetary Policy Committee also noted that high prices have contributed to a demand slowdown, …

RBI May Begin Shallow Rate Cut Cycle From Feb Amid Global Turmoil
3 months, 1 week ago

RBI May Begin Shallow Rate Cut Cycle From Feb Amid Global Turmoil

Deccan Chronicle  

Mumbai: While calls for rate cuts are growing louder with inflation decelerating in November amid concerns over slowing economic growth, economists see a small window of conventional rate cuts next year as global dynamics turn more fluid. Most expect the central bank to begin a shallow rate-cut cycle in its February 2025 policy meeting with a 25 basis points rate …

Growth slowdown: Why lay a deeper economic malaise at RBI’s door?
3 months, 1 week ago

Growth slowdown: Why lay a deeper economic malaise at RBI’s door?

Live Mint  

Chapter 16 in the Book of Leviticus, Old Testament, enjoins Aaron to organize sacrifices and expiate the sins of all Israelites. Various ministers, government officials and sundry industry representatives have been hinting at RBI culpability in India’s economic slowdown and have called upon its monetary policy committee to cut rates in support of growth. The debate began with this year’s …

RBI repo rate cut expectations build as CPI inflation moderates; Economists expect shallow rate-cut cycle from February
3 months, 1 week ago

RBI repo rate cut expectations build as CPI inflation moderates; Economists expect shallow rate-cut cycle from February

Live Mint  

India’s retail inflation in November aligned with market expectations and remained within the Reserve Bank of India’s tolerance band. Analysts anticipate that the RBI could initiate a shallow rate-cut cycle in its February 2025 policy meeting, provided inflation continues to decline. Hitesh Suvarna of JM Financial anticipates that the next step in RBI’s policy action will involve a rate cut, …

DC Edit | FM, new RBI chief signal cut
3 months, 2 weeks ago

DC Edit | FM, new RBI chief signal cut

Deccan Chronicle  

Finance minister Nirmala Sitharaman’s statement that inflation is a major challenge faced by countries around the world and that no country can solve it alone appears to have set an agenda for new RBI governor Sanjay Malhotra, who took charge a few hours before she made this statement. During the tenure of Shaktikanta Das, the RBI remained squarely focused on …

Why Axis' Neelkanth Mishra does not see room for rate cuts
3 months, 2 weeks ago

Why Axis' Neelkanth Mishra does not see room for rate cuts

Live Mint  

The monetary policy committee of the Reserve Bank of India is not expected to cut rates anytime soon, said Neelkanth Mishra, chief economist at Axis Bank, citing stubborn inflation. Mishra, also a part-time member of the Economic Advisory Council to the Prime Minister of India, said on Wednesday that if food inflation doesn't ease, the monetary policy committee would not …

Retail inflation eases to 5.48% in November from above 6% in October
3 months, 2 weeks ago

Retail inflation eases to 5.48% in November from above 6% in October

India Today  

India's retail inflation cooled to 5.48% in November, slipping below the Reserve Bank of India’s upper tolerance band of 6% after breaching it in October. "High inflation reduces the disposable income in the hands of consumers," Das noted, adding that food inflation could stay elevated through the third quarter of FY25 before easing. Expected revisions could lower food’s weightage by …

DC Edit | Will RBI tweak inflation focus?
3 months, 2 weeks ago

DC Edit | Will RBI tweak inflation focus?

Deccan Chronicle  

The appointment of Sanjay Malhotra as the new RBI governor continues the long-standing tradition of IAS officers heading the Central bank, a quasi-autonomous body that decides the country’s monetary policy. Mr Malhotra took over the charge of RBI from Shaktikanta Das — the second longest serving governor after Sir Benegal Rama Rau’s stint of seven years and 197 days — …

Shaktikanta Das's term ends amid rising inflation, GDP slowdown
3 months, 2 weeks ago

Shaktikanta Das's term ends amid rising inflation, GDP slowdown

Live Mint  

Mumbai: Shaktikanta Das will step down as the 25th governor of Reserve Bank of India on Tuesday, at a time when the war on inflation is ongoing and economic growth has taken a sudden slow turn. But Das stuck to the RBI’s inflation targeting mandate and held the repo rate steady on 6 December following his last meeting with the …

​Staying the course: On the RBI and inflation
Trending News
3 months, 2 weeks ago

​Staying the course: On the RBI and inflation

The Hindu  

The Reserve Bank of India’s Monetary Policy Committee, in its latest bi-monthly review, has decided to maintain status quo on the benchmark interest rate of 6.50% for the eleventh consecutive time. India’s retail inflation, after trending below the median 4% target, for the first time in five years, for two months, spiked over September and October, with food prices leading …

RBI monetary policy decision: Is an RBI rate cut coming after Union Budget 2025? What experts suggest
Trending News
3 months, 2 weeks ago

RBI monetary policy decision: Is an RBI rate cut coming after Union Budget 2025? What experts suggest

Live Mint  

RBI Monetary Policy: The Reserve Bank of India's Monetary Policy Committee on December 6 announced that it would maintain the repo rate at 6.5 per cent for the eleventh consecutive time, in line with market expectations. RBI cut its GDP growth forecast for FY25 to 6.6 per cent and raised its inflation projection for FY25 to 4.8 per cent. Sujan …

RBI cuts GDP growth projection to 6.6%, repo rate unchanged at 6.5%
3 months, 2 weeks ago

RBI cuts GDP growth projection to 6.6%, repo rate unchanged at 6.5%

Deccan Chronicle  

The Reserve Bank of India on Friday decided to keep the policy rate unchanged for the 11th time in a row but sharply lowered the GDP growth forecast to 6.6 per cent for the current fiscal, as against earlier projection of 7.2 per cent.The Reserve Bank of India maintained the status quo on interest rate despite July-September quarter GDP growth …

RBI monetary policy: MPC projects FY25 inflation at 4.8%
3 months, 2 weeks 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 …

Amid high inflation, RBI keeps repo rate unchanged at 6.5%
3 months, 2 weeks ago

Amid high inflation, RBI keeps repo rate unchanged at 6.5%

The Hindu  

The Monetary Policy Committee of the Reserve Bank of India on Friday held steadfast in its battle against inflation amid weakening growth momentum, with four of its six members voting to keep the policy repo rate unchanged at 6.50% for the eleventh bi-monthly review in a row. While noting the RBI’s mandate is to ensure price stability while supporting growth, …

RBI Monetary Policy: Inflation remains a concern; FY25 growth estimates trimmed-5 key highlights from RBI MPC outcome
3 months, 2 weeks ago

RBI Monetary Policy: Inflation remains a concern; FY25 growth estimates trimmed-5 key highlights from RBI MPC outcome

Live Mint  

RBI Monetary Policy: Highlighting sticky inflation and its impact on economic growth and consumers, Reserve Bank of India Governor Shaktikanta Das announced a status quo on the repo rate and policy stance on Friday, December 6. The Monetary Policy Committee of the central bank, by a majority of 4:2, decided to keep the repo rate at 6.50 per cent for …

RBI to Announce Interest Rate Decision Amid High Inflation
3 months, 2 weeks ago

RBI to Announce Interest Rate Decision Amid High Inflation

Deccan Chronicle  

The Reserve Bank on Friday morning will announce the decision on interest rate after the conclusion of the three-day monetary policy panel meeting, amid high inflation and weak GDP growth numbers.Experts are of the view that the central bank is likely to opt for status quo on the short-term lending rate, and will possibly tinker with cash reserve ratio keeping …

RBI MPC verdict today: Repo rate to GDP, inflation forecasts— here are 5 key indicators to watch
3 months, 2 weeks ago

RBI MPC verdict today: Repo rate to GDP, inflation forecasts— here are 5 key indicators to watch

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 two-day review meeting amid recent worrying prints of headline inflation and gross domestic product. “However, with the GDP growth print sharply undershooting the MPC's expectations, a February 2025 rate cut may be …

RBI must restore balance between inflation, growth
3 months, 2 weeks ago

RBI must restore balance between inflation, growth

New Indian Express  

Despite the disappointing slump in economic growth, the RBI on Friday left the benchmark policy repo rate unchanged at 6.5 percent amid inflationary pressures. Maintaining a firm stance on inflation control, Governor Shaktikanta Das stressed that the central bank needed “more credible evidence” on the disinflationary process, which he said was getting prolonged and arduous. As Das rightly noted, there …

RBI must restore balance between inflation, growth
3 months, 2 weeks ago

RBI must restore balance between inflation, growth

New Indian Express  

Despite the disappointing slump in economic growth, the RBI on Friday left the benchmark policy repo rate unchanged at 6.5 percent amid inflationary pressures. Maintaining a firm stance on inflation control, Governor Shaktikanta Das stressed that the central bank needed “more credible evidence” on the disinflationary process, which he said was getting prolonged and arduous. As Das rightly noted, there …

RBI cuts growth forecast to 6.6 per cent, revises inflation estimate to 4.8 per cent for FY25
3 months, 2 weeks ago

RBI cuts growth forecast to 6.6 per cent, revises inflation estimate to 4.8 per cent for FY25

India TV News  

The Reserve Bank of India on Friday slashed its growth projection for the current fiscal year 2024-25 to 6.6 per cent from its earlier estimate of 7.2 per cent, citing a slowdown in economic activity and persistent high food prices. RBI cuts CRR to 4 per cent Meanwhile, to ease the potential liquidity stress, the Reserve Bank also slashed the …

RBI keeps key lending rate unchanged at 6.5%, focus remains on tackling inflation
3 months, 2 weeks 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
3 months, 3 weeks 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 meet: Growth needs a boost, but will inflation hold back rate cut?
Trending News
3 months, 3 weeks ago

RBI MPC meet: Growth needs a boost, but will inflation hold back rate cut?

India Today  

The Reserve Bank of India’s Monetary Policy Committee began its three-day meeting on Wednesday, setting the stage for a critical decision on the repo rate, which will be announced on December 6 at 10 AM. The meeting takes place amid growing calls from experts and leaders for a rate cut to support India’s slowing economic growth. Piyuh Goyal has even …

Discover Related