Policy normalization is set to commence in April with a stance change and reverse repo hike
07 Feb 2022 2:02 AM
RBI had last revised its policy repo rate or the short-term lending rate on May 22, 2020
08 Oct 2021 10:38 AM
The only workable solution for the current financial crisis is a sovereign guarantee to all loans
18 Apr 2020 4:47 AM
Next meeting of the MPC scheduled during March 31, April 1 and 3, 2020.
06 Feb 2020 1:04 PM
The governor said the continuity in policy from last pause should not be read as a pointer to future actions.
06 Feb 2020 12:50 PM
RBI further said that the actual inflation outcome for Q2 at 5.8 per cent overshot projections by 70 bps.
06 Feb 2020 12:36 PM
The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.
06 Feb 2020 12:32 PM
In the last MPC meet benchmark interest rate was cut by 0.25 per cent to 5.15 pc from 5.40 pc amid low inflation, faltering economic growth.
06 Feb 2020 11:54 AM
The Reserve Bank will on Thursday announce its first bi-monthly monetary policy post-Budget.
03 Feb 2020 10:16 AM
Economists said the MPC may watch for a possible reversal in food prices to see how inflation pans out in coming months.
15 Jan 2020 10:09 AM
The six-member MPC had kept the repo rate unchanged on December 5 despite moderation in economic growth and easing inflation.
19 Dec 2019 7:37 PM
The RBI reiterated that it would maintain an accommodative stance as long as necessary to revive economic growth.
07 Dec 2019 10:46 AM
The comments come a year after government tagged Bitcoins and other cryptocurrencies illegal and the RBI banned their trade.
05 Dec 2019 5:48 PM
The sharp decline in growth had many analysts assuming the Reserve Bank will deliver a rate cut on Thursday.
05 Dec 2019 1:34 PM
The central bank also revised GDP growth downwards to 5 per cent for 2019-20 from 6.1 per cent projected in its October policy.
05 Dec 2019 12:08 PM
The economy is expanding well below the rate needed to generate enough jobs for the millions of young Indians.
03 Dec 2019 2:08 PM
GDP growth plummeted to a six-year low of 5 per cent for the June quarter and is expected to come lower for the September quarter.
14 Nov 2019 4:04 PM
A modest overshoot in recent inflation outruns is outweighed by downside risks to RBI's growth estimates.
24 Oct 2019 1:10 PM
With the reduction in their respective benchmark lending rates, home, auto and other loans have become cheaper.
10 Oct 2019 7:03 PM
The rate reduction is not applicable to the repo-linked loans.
09 Oct 2019 10:46 AM