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Monetary Policy Committee
Monetary Policy Committee News
S&P
10 Dec 2024
S&P Global Ratings Projects 6.8% Growth For Indian Economy In FY25
S&P Global Ratings on Tuesday projected 6.8 per cent growth for the Indian economy in FY25, followed by 6.9 per cent growth in FY26, on the back of strong urban consumption, steady service sector growth, and ongoing investment in infrastructure.
Reserve Bank of India
04 Dec 2024
RBI's MPC Meeting Begins Today, All Eyes On Central Bank Action On Inflation
In the last MPC meeting held in October, the central bank maintained the policy repo rate at 6.5 per cent for the 10th consecutive time.
RBI
02 Dec 2024
RBI Unlikely To Cut Rates In Upcoming MPC Meeting: SBI Report
SBI Report: According to the report, while the Indian economy faces incremental slowing of growth and geopolitical risks, a knee-jerk reaction such as an immediate rate cut might not be prudent.
RBI
30 Nov 2024
RBI Likely to Hold Repo Rate Next Week; Feb Rate Cut Chances Rise: Report
On a positive note, the report suggested that rural demand is likely to recover in the second half of the fiscal year. This optimism is based on strong agricultural performance, payouts under government schemes, and increased government spending.
Stocks
24 Nov 2024
Stocks In India May React To Assembly Polls Outcome, Fund Flows For Fresh Cues
IT and banking played a pivotal role in capping losses and driving the recovery in the benchmark. Broader indices also edged higher, with gains ranging between 0.9 per cent and 1.8 per cent
RBI
15 Oct 2024
Rising Inflation Could Prolong RBI's Neutral Stance: SBI Research
The Consumer Price Index (CPI)-based inflation rate for September reached 5.49 per cent from 3.65 per cent in August, reflecting an uptick primarily due to higher food prices.
RBI
07 Oct 2024
RBI Likely To Hold Rates As MPC Meet Begins; Realty Sector Eyes Repo Rate
For the real estate market, a cut in the repo rate would result in lower interest rates on home loans, which makes EMIs more manageable for borrowers.
RBI
04 Aug 2024
RBI Likely To Keep Interest Rate Unchanged At 6.5 Per Cent, Say Experts
Last month, RBI Governor Shaktikanta Das had said the question of a change of stance on interest rate is quite premature given the gap between current inflation and the 4 per cent target.
State Bank of India
15 Jun 2024
EMIs To Go Up As SBI Bank Raises Lending Rates By 10 Basis Points
SBI, on Friday announced that it raised 100 million dollars (About Rs 830 crore) through bonds to boost business expansion.
Monetary Policy Committee
07 Jun 2024
RBI Boosts Contingent Reserve Buffer To 6.5% Amid Positive Economic Outlook
RBI Monetary Policy June 2024: Governor Das said that India accounts for 15.2 per cent of the world's remittances, highlighting the significant contribution of overseas Indian workers to the country's economy.
Monetary Policy Committee
07 Jun 2024
RBI Sticks To 6.5% Key Lending Rate For 8th Consecutive Time
RBI Monetary Policy June 2024: Governor Shaktikanta Das said that four out of the six MPC members voted to keep the repo rate unchanged.
Nifty
05 Apr 2024
Nifty Gains For Third Consecutive Week
Nifty recovered from early morning weakness and closed flat on Friday. At close, the Nifty was down 0.9 points at 22513.7.
India
12 Jan 2023
Retail inflation eases to 5.72% in December from 5.88% in November: Govt data
India's retail inflation during the month of December was at 5.72%. The data was released by the ministry of statistics today. The latest figures showed a marginal decline and further moderation in retail inflation.
RBI monetary policy
02 Aug 2022
RBI likely to raise key policy rate by at least 35 bps to check inflation
The Reserve Bank of India's rate-setting panel -- the Monetary Policy Committee -- will meet for three days from August 3 to deliberate on the prevailing economic situation and announce its bi-monthly review on Friday.
RBI
21 Jul 2022
RBI postpones MPC meeting by a day to August 3
The RBI has postponed the meeting of the Monetary Policy Committee. The decision of MPC will be known on August 5, RBI said. Due to administrative exigencies, the meeting of MPC is rescheduled.
Reserve Bank of India
05 Jun 2022
RBI could increase rates in upcoming MPC meeting, say experts
Governor Das-headed MPC will meet for three day beginning Monday. The decision taken during the meeting will be announced by the governor on Wednesday. The wholesale price-based inflation has remained in double digits for 13 months.
Reserve Bank of India
15 May 2022
RBI not 'behind the curve' in hiking rate to tackle inflation: MPC member
Goyal said that it is never wise to overreact to shocks. MPC is the central bank's rate-setting panel. Earlier this month, the US Fed hiked the benchmark lending rate by 50 basis points.
Reserve Bank of India
08 Apr 2022
RBI cuts FY23 growth forecast to 7.2% amid geopolitical uncertainties
RBI asserted that it will use all available tools to defend the Indian economy. The Economic Survey in January had projected a growth rate of 8-8.5 per cent for the current fiscal. The RBI Governor said with the easing of restrictions, domestic air passenger traffic rebounded in March.
RBI monetary policy
08 Apr 2022
RBI Monetary Policy: Top 10 highlights you need to know
RBI keeps repo rate unchanged at 4%. RBI has lowered its growth forecast for FY23 to 7.2 percent. Inflation is likely to grow to 5.7 percent in FY23.
Reserve Bank of India
03 Apr 2022
RBI likely to maintain status quo on rates to support growth, say experts
The RBI Governor-headed rate setting panel will be holding its first meeting of 2022-23 fiscal from April 6 to 8. The outcome will be announced on April 8.
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