Tag: rbi repo rate

RBI’s rate cut sets stage for further easing of interest rates in near term: India Inc

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RBI’s rate cut sets stage for further easing of interest rates in near term: India Inc

The last revision of rates happened in February 2023 when the policy rate was hiked by 25 basis points to 6.5%. | Photo Credit: Reuters India Inc. welcomed the Reserve Bank of India’s (RBI) move to slash the benchmark interest rate for the first time in nearly five years on Friday (February 7, 2025) and…

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RBI Monetary Policy Committee meeting: policy rate unchanged at 6.5% for 11th time in a row

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RBI Monetary Policy Committee meeting: policy rate unchanged at 6.5% for 11th time in a row

Shaktikanta Das, Governor, Reserve Bank of India. File. | Photo Credit: Thulasi Kakkat  The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday (December 6, 2024) decided to keep the policy repo rate unchanged at 6.50% for the 11th consecutive time. The last time the MPC had increased rates to 6.5% was in February…

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Reserve Bank’s MPC starts deliberations on bi-monthly monetary policy

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Reserve Bank’s MPC starts deliberations on bi-monthly monetary policy

 The decision taken at the RBI Governor Shaktikanta Das headed six-member Monetary Policy Committee will be announced on Friday (December 6, 2024) | Photo Credit: Reuters Reserve Bank’s high level panel on Wednesday (December 4, 2024) started deliberations on the bi-monthly monetary policy amid expectations of status quo on interest rate as the retail inflation…

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RBI MPC Meeting: Repo rate unchanged at 6.5% for 8th time in a row

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RBI MPC Meeting: Repo rate unchanged at 6.5% for 8th time in a row

RBI Governor Shaktikanta Das on June 7, 2024, said the Monetary Policy Committee has decided to keep the repo rate unchanged at 6.5%. File | Photo Credit: ANI The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5%. The decision, taken at the…

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Monetary Policy | RBI to allow foreign investors in IFSC to invest in Sovereign Green Bonds

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Monetary Policy | RBI to allow foreign investors in IFSC to invest in Sovereign Green Bonds

Image for representation | Photo Credit: Reuters The Reserve Bank of India (RBI) has decided to facilitate wider non-resident participation in the Sovereign Green Bonds by permitting eligible foreign investors in the International Financial Services Centre (IFSC) to invest in such bonds. “A scheme for investment and trading in SGrBs by eligible foreign investors in…

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RBI Monetary Policy | Soon, deposit cash using UPI

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RBI Monetary Policy | Soon, deposit cash using UPI

Image for representation only | Photo Credit: C. Venkatachalapathy The Reserve Bank of India has proposed to facilitate cash deposit facility in banks through the use of UPI, an instant real-time payment system for inter-bank transactions through mobile phones. ALSO READ | RBI Monetary Policy LIVE updates  “Given the popularity and acceptance of UPI, as…

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RBI Monetary Policy | MPC holds rate at 6.5% to tame inflation, FY25 real GDP growth projected at 7%, CPI inflation at 4.5%

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RBI Monetary Policy | MPC holds rate at 6.5% to tame inflation, FY25 real GDP growth projected at 7%, CPI inflation at 4.5%

The Monetary Policy Committee (MPC) on April 5 decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50%. This is the 7th time that the rates have been kept on hold. The MPC also decided to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns to the…

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India Poised To Be Growth Engine Of World: RBI Governors Top Quotes

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India Poised To Be Growth Engine Of World: RBI Governors Top Quotes

The Reserve Bank of India has decided to retain the policy rate for the fourth time in a row, RBI Governor Shaktikanta Das said today, adding that the central bank is closely monitoring inflation. The governor said the Monetary Policy Committee (MPC) Here are the top quotes from the RBI governor’s address: “India is poised…

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RBI Keeps Key Lending Rate Unchanged At 6.5% For 4th Consecutive Time, Says Governor Shaktikanta Das

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RBI Keeps Key Lending Rate Unchanged At 6.5% For 4th Consecutive Time, Says Governor Shaktikanta Das

Mumbai: The Reserve Bank of India (RBI) today decided to keep its key lending rate unchanged at 6.5% for the fourth consecutive time. The decision was taken unanimously at the central bank’s Monetary Policy Committee (MPC) meeting, said RBI Governor Shaktikanta Das. This means the loan interest rates too are likely to remain unchanged. The…

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