The Monetary Policy Committee of RBI began its three-day deliberation on Wednesday here amid expectations that the central bank will maintain status quo on the benchmark lending rates in view of high retail inflation. After its last MPC meeting in October, RBI kept policy rates unchanged to help tame inflation that in recent times has surged past 6 per cent …
Mumbai: The Reserve Bank of India’s monetary policy committee is likely to keep policy rates on hold on Wednesday, amid falling crude prices, lower-than-expected food prices and moderation in economic growth, according to treasury heads of 10 banks surveyed by Mint. The treasurers were unanimous in their expectations that the repo rate, the rate which RBI lends to commercial banks, …
