RBI monetary policy

RBI keeps policy rate unchanged for 6th time in a row: Here is how Industry leaders reacted

This is the sixth time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained status quo. RBI had last revised its policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting interest rate to a historic low.

Jun 04, 2021, 13:47 PM IST

RBI Monetary Policy June 2021: No respite to home and auto loan borrowers; RBI keeps interest unchanged at 4%

The central bank announcing the outcome of its RBI bi-monthly Monetary Policy rates on June 4 said that it has decided to keep the repo rate unchanged at 4 percent and the reverse repo rate at 3.35 percent. 

Jun 04, 2021, 10:13 AM IST

RBI monetary policy June 2021: Will RBI offer respite on key interest rates? Here is what is expected

The MPC kept the key benchmark rate unchanged in its last five reviews. RBI had last revised its policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting interest rates to a historic low.

Jun 04, 2021, 08:44 AM IST

Airtel Payments Bank increases day-end balance limit to Rs 2 lakh from Rs 1 lakh

The Bank deposits are insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC) which is a wholly owned subsidiary of the RBI.

Apr 19, 2021, 13:10 PM IST

Mobile wallet accounts limit raised to Rs 2 lakh, know how your mobile wallet may soon turn into a bank

Henceforth, Payments Banks can hold a maximum balance of Rs 2 lakh per individual customers at the end of the day.

Apr 08, 2021, 12:20 PM IST

RBI hikes Payments Banks deposit limit per customer from Rs 1 lakh to Rs 2 lakh

Henceforth, Payments Banks can hold a maximum balance of Rs 2 lakh per individual customers at the end of the day.

Apr 07, 2021, 17:02 PM IST

Local lockdowns across the country, but RBI says no need for loan moratoriums at present

Amid an increase in localised lockdowns across the country, Reserve Bank Governor Shaktikanta Das on Wednesday said there is no need for a loan repayments moratorium at present, stating that businesses are better prepared to face the situation.

Apr 07, 2021, 16:38 PM IST

RBI Monetary Policy April 2021: No respite to home and auto loan borrowers; RBI keeps interest unchanged at 4%, maintains accommodative stance

This is the second monetary policy announcement after the presentation of the Union Budget 2021-22. The Reserve Bank's rate-setting Monetary Policy Committee (MPC) began its meeting on Sunday when the six-member MPC headed by RBI Governor Shaktikanta Das has started its deliberations.

Apr 07, 2021, 10:17 AM IST

RBI monetary policy April 2021: RBI expected to keep key interest steady

Economists had been expecting the RBI to start normalising policy or unwinding the large scale rupee liquidity in the banking system in the June or latest by September quarter but that is now expected to be delayed, many analysts said.

Apr 05, 2021, 12:27 PM IST

RBI Monetary Policy: Industry leaders say RBI's accommodative stance will aid economic growth

This is the first monetary policy announcement after the presentation of the Union Budget 2021-22. The Reserve Bank's rate-setting Monetary Policy Committee (MPC) began its meeting on Wednesday. The MPC kept the key benchmark rate unchanged in its last three reviews. 

Feb 05, 2021, 16:37 PM IST

RBI Monetary Policy: No respite to home and auto loan borrowers; RBI keeps interest unchanged at 4%, maintains accommodative stance

This is the first monetary policy announcement after the presentation of the Union Budget 2021-22. The Reserve Bank's rate-setting Monetary Policy Committee (MPC) began its meeting on Wednesday. The six-member MPC headed by RBI Governor Shaktikanta Das has started its deliberations. After the three-day meeting, resolution of the MPC was announced today (February 5).

Feb 05, 2021, 10:11 AM IST

First RBI Monetary Policy after Union Budget 2021 today: Here's what to expect

Under the current dispensation, the RBI has been mandated by the government to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side. The inflation target has to be reviewed by end-March 2021.

The MPC kept the key benchmark rate unchanged in its last three reviews. 

Feb 05, 2021, 08:24 AM IST

Stock markets ahead: Budget 2021, RBI policy major events to watch out for

The Economic Survey 2020-21 was tabled in the Lok Sabha on Friday.

The Survey projected that India's economy is likely to grow by 11 per cent in the fiscal year beginning April 1 as a vaccine drive and rebound in consumer demand help it emerge from the carnage inflicted by a strict coronavirus lockdown.

Jan 31, 2021, 10:37 AM IST

RBI keeps interest rate unchanged in its bi-Monthly Monetary policy December 2020: Here is how Industry leaders reacted

The benchmark repurchase (repo) rate has been left unchanged at 4 percent.

Dec 04, 2020, 17:15 PM IST

Markets at record high as RBI keeps rates unchanged; Sensex hits 45,000-mark for first time

Reserve Bank of India (RBI) Governor Shaktikanta Das said India`s prospects have brightened with progress on COVID-19 vaccines, consumer confidence has turned positive and projected real GDP for the current financial year to contract just 7.5%.

Dec 04, 2020, 11:32 AM IST

RBI Monetary Policy: No respite to home, auto loan borrowers; interest rate kept unchanged at 4%

The central bank announcing the outcome of its bi-monthly Monetary Policy rates on December 4 said that it has decided to keep the repo rate unchanged at 4 percent and the reverse repo rate at 3.35 percent.

Dec 04, 2020, 10:24 AM IST

RBI keeps interest rate unchanged in its bi-Monthly Monetary policy: Here is how Industry leaders reacted

The Reserve Bank of India on Friday kept the key policy rates unchanged in its bi-monthly Monetary Policy review.

Oct 09, 2020, 18:18 PM IST

India's GDP likely to contract 9.5% in FY'21, says RBI

RBI Governor Shaktikanta Da announcing the RBI Monetary Policy said growth is likely to pick up in the second half of the fiscal and enter into the positive zone in the January-March quarter.

Oct 09, 2020, 12:13 PM IST

RBI Monetary Policy: No respite to home, auto loan borrowers; RBI keeps interest rate unchanged at 4%

The three day RBI Monetary Policy Committee (MPC) meeting was held from October 7 to October 9.

Oct 09, 2020, 10:13 AM IST

RBI Monetary Policy to be announced on October 9

RBI had postponed the MPC meeting last week.

Oct 06, 2020, 13:18 PM IST