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The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

RBI's key policy rates to remain unchanged in 2018: Nomura

Nomura expects that 2017-18 could see fiscal deficit widen on elevated oil prices.

21 Dec 2017 11:24 AM IST

Reserve Bank of India

Nomura says Central bank likely to hike key policy rates

Minutes suggest that there are growing divergences within the MPC with two out of six members biased towards rate hikes.

21 April 2017 12:37 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

Repo rate: No premature policy action; Patel says RBI to wait for data

Urjit Patel also underlined the need for resolution of stressed assets of banks and timely recapitalisation of PSU...

22 Jun 2017 12:04 PM IST