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Annual monetary policy News

07 Apr 2015

RBI pins hope on normal monsoon; expects inflation at 4% by August

The Reserve Bank on Tuesday said it is assessing the impact of unseasonal rains and hailstorms on food prices even though it hoped that normal monsoon in the coming months would bring down retail inflation to about 4 percent by August.

07 Apr 2015

RBI credit policy: Key Highlights

Highlights of RBI's first bi-monthly monetary policy statement, 2015-16.

07 Apr 2015

RBI credit policy: Rajan offers no respite to borrowers, keeps interest rates unchanged

Reserve Bank Governor Raghuram Rajan on Tuesday kept policy rate unchanged awaiting clarity on impact of unseasonal rains on food inflation even as he wanted banks to pass on benefits of previous two rate cuts.

07 Apr 2015

No EMI relief for borrowers as RBI keeps interest rates unchanged

Reserve Bank on Tuesday left interest rate unchanged in its annual monetary policy due to increased food prices after unseasonable rains in various parts of the country.

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