November 29, 2020 7:24 pm
The six-member Monetary Policy Committee (MPC) headed by RBI Governor is scheduled to meet for two days starting December 2. The resolution of the sixth bi-monthly MPC meeting would be announced on December 4.
February 08, 2020 12:27 pm
The RBI sees space for more policy easing with governor Shaktikanta Das candidly admitting in the policy press conference that the next move is likely to be a cut, with timing being the key uncertainty.
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.