October 01, 2018 1:23 pm
After two successive hikes, the repo rate currently stands at 6.50 per cent.
April 20, 2018 2:35 am
The MPC noted that there are several uncertainties surrounding the baseline inflation path.
April 05, 2018 7:11 am
The Reserve Bank of India is expected to keep interest rates on hold on Thursday for the fourth straight meeting but maintain a cautious tone despite a sharper-than-expected pullback in inflation in the last few months.
February 08, 2018 6:08 am
Unveiling the bi-monthly monetary policy statement in Mumbai, RBI Governor Urjit Patel said “significant and postponed deviations” from fiscal targets would make matters “more challenging” going forward.
August 02, 2017 11:21 am
RBI will announce the new monetary policy today, the Monetary Policy Committee is likely to bring down the repurchase rate by 50 basis points from 6.25 percent. Rupee edged down by 5 paise against the dollar ahead of the RBI policy.
December 06, 2016 1:45 pm
With interest rates being cut after unexpected clampdown on cash, foreign investors will look for assurance from new RBI Governor Urjit Patel over monetary policy.
May 11, 2016 4:43 am
The Finance Bill is awaiting passage in Rajya Sabha after having been passed in Lok Sabha last week.
August 08, 2015 2:36 am
The Centre will also consult the RBI while selecting the external members on the committee.
August 02, 2015 5:17 am
On 8 out of 10 monetary policy statements or actions, Government and the RBI will be — and in the past, have been — on the same page.
August 01, 2015 2:27 am
The meeting comes just days after the finance ministry released a revised draft of the Indian Financial Code that would reduce the central bank’s powers to decide the monetary policy stance.