March 30, 2020 1:53 pm
MPC expects food inflation to cool off in the coming months with the beneficial effects of record food grain and horticulture productions.
March 27, 2020 5:25 pm
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) which met on March 24, 26 and 27 had a majority of 4-2 towards the favour of a 75 bps repo rate cut.
February 06, 2020 4:35 pm
The RBI Monetary Policy Committee (MPC) kept the repo rate unchanged at 5.15 per cent.
December 07, 2019 8:30 am
The retail inflation of 4.6 per cent in October was largely due to increase in food prices, which is seasonal, and more transient in nature.
December 05, 2019 5:19 pm
The Reserve Bank of India (RBI) left its repo rate unchanged at 5.15 per cent and continued with its accommodative stance for supporting the economy. However, it reduced its GDP growth forecast for 2019-20 to 5 per cent from 6.1 per cent.
September 30, 2019 4:21 pm
The central bank, which has already reduced the key policy rate four times in the current calendar year, is scheduled to announce its next bi-monthly monetary policy on October 4.
June 07, 2019 3:30 am
This is the third such rate cut of 25 basis points in calendar year 2019. With this, the RBI’s main policy rate now stands at a level touched almost nine years ago in July 2010.
June 07, 2019 12:20 am
RBI cuts rates, but its impact on economic activity depends on banks transmitting it to borrowers
June 06, 2019 4:02 pm
RBI Monetary Policy 2019 Repo Rate: This is the third straight interest-rate cut under RBI Governor Shaktikanta Das, who also heads the Monetary Policy Committee (MPC).
April 30, 2019 9:04 pm
On savings accounts with deposits above Rs 1 lakh, SBI will be providing interest rate to customers that is 275 basis points lower than the Reserve Bank of India's repo rate, resulting in effective rate of 3.25 per cent per annum as against the 3.5 per cent rate prevalent currently.
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