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RBI monetary policy: Interest rates to stay on hold throughout 2017, says Nomura

RBI monetary policy: Interest rates to stay on hold throughout 2017, says Nomura

India's rate cutting cycle has come to an end and policy rates are likely to be on hold throughout 2017 as inflation is expected to stay above the Reserve Bank's target, says a Nomura report.

Note ban: Cash withdrawal limit to be Rs 50,000 a week from February 20, no cap from March 13

Note ban: Cash withdrawal limit to be Rs 50,000 a week from February 20, no cap from March 13

The RBI said that weekly withdrawal limit for savings accounts will be increased from Rs 24,000 to Rs 50,000 from February 20 while there will be no limit on withdrawal from March 13.

RBI monetary policy review today; 0.25% rate cut expected

RBI monetary policy review today; 0.25% rate cut expected

Other factors which will guide the RBI towards lowering the rates include Finance Minister Arun Jaitley cutting the fiscal deficit to 3.2 percent for next year and the dovish stance adopted by the US Fed.

RBI monetary policy: MPC begins review meet amid rate cut hopes

RBI monetary policy: MPC begins review meet amid rate cut hopes

The rate-setting Monetary Policy Committee (MPC) on Tuesday began its third review meeting amid mixed expectations of possible rate cut by the Reserve Bank.

RBI likely to maintain status quo on February 8

RBI likely to maintain status quo on February 8

With banks flush with funds post demonetisation and surging oil prices likely to fuel inflation, the Reserve Bank may refrain from lowering benchmark interest rate at its policy review meet this week.

RBI policy, IIP, Q3 data major deciders of market this week

RBI policy, IIP, Q3 data major deciders of market this week

Reserve Bank's monetary policy review meet this week, key macro data and corporate quarterly earnings will size up the market this week, say experts.

Monetary Policy Committee meeting starts Tuesday; may propose rate cut of 0.25%

Monetary Policy Committee meeting starts Tuesday; may propose rate cut of 0.25%

The meeting on Tuesday will be the second of the MPC chaired by the Reserve Bank of India Governor Urjit Patel.

RBI likely to cut policy rates in February, April, not in December: BofA-ML

RBI likely to cut policy rates in February, April, not in December: BofA-ML

The Reserve Bank is expected to maintain a status quo in the upcoming December meet and will go for a 25 bps rate cut each in its February and April policy review meeting, says a Bank of America Merrill Lynch report.

RBI rate cut: Monetary Policy Committee members favoured 0.25% cut to spur growth

RBI rate cut: Monetary Policy Committee members favoured 0.25% cut to spur growth

All six members of the Monetary Policy Committee (MPC) had favoured rate cut by 0.25 percent on October 4 inorder to spur growth, a report released by the RBI on Tuesday had revealed.

RBI monetary policy review: MPC begins 2-day meet to decide key interest rate

RBI monetary policy review: MPC begins 2-day meet to decide key interest rate

The monetary policy review on October 4 will be the first by the six-member MPC as well as Governor Patel, who as the deputy governor had described the RBI as an owl when it comes to inflation management.

Govt notifies MPC; to decide interest rates in October 4 policy

Govt notifies MPC; to decide interest rates in October 4 policy

The MPC, in which three members are from the RBI and three others from the government, will target to keep inflation at 4 percent with an upper and lower tolerance level of 2 percent.

Under new RBI head, global credit rating agencies expect policy continuity

Global credit rating agencies on Sunday welcomed the appointment of Urjit Patel as the next Governor of the Reserve Bank of India and hoped for continuity of the existing monetary policies.
 

 Govt may nominate 3 Monetary Policy Committee members this month

Govt may nominate 3 Monetary Policy Committee members this month

After appointing Urjit Patel as the next RBI Governor, the government is now expected to finalise the names of three members to the interest rate setting panel MPC in the next few days.

Show me how inflation is low: Raghuram Rajan on 'dialogues' by critics

Show me how inflation is low: Raghuram Rajan on 'dialogues' by critics

Taking his critics head-on, Rajan has challenged them to show how inflation is "very low" before accusing him of "being behind the curve" in his focus on containing price rise than on growth and debunked such criticism as mere 'dialogues'.

Bank of England warns again on Brexit, holds rates

Bank of England warns again on Brexit, holds rates

The Bank of England warned again Thursday over the impact of Britain`s possible exit from the European Union, as it voted once more to freeze interest rates.

Govt, RBI on same page on monetary policy committee structure

Govt, RBI on same page on monetary policy committee structure

The government has proposed to set up MPC, which will consist of representatives from the Finance Ministry and RBI, to decide on interest rate.

Finance Ministry floats Cabinet note on monetary policy committee

The Finance Ministry on Friday said it has moved a Cabinet note on setting up the Monetary Policy Committee (MPC) which will retain dominant role of the Reserve Bank in the proposed interest-rate setting panel.

Govt to soon decide Monetary Policy Committee structure: Das

The government will soon decide the structure of the Monetary Policy Committee (MPC), which will fix the benchmark interest rate of the RBI and set inflation targets, said Economic Affairs Secretary Shaktikanta Das.

Bank of England holds rate as inflation risk remains

The central bank`s monetary policy committee (MPC) opted also on Thursday to maintain its cash stimulus, or quantitative easing, at £375 billion ($587 billion, 477 billion euros).