Tue, Feb 04, 2020
The Reserve Bank of India (RBI) is all set to unveil its last monetary policy for the current financial year on Thursday.
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Fri, Oct 04, 2019
The Reserve Bank of India (RBI) on Friday announced the fourth bi-monthly monetary policy for 2019-20, after a three-day meeting. The The six-member Monetary Policy Committee (MPC) cut the repo rate by 25 basis points.
Thu, Feb 07, 2019
RBI Monetary Policy Committee meeting: A rate cut of 25 basis points was announced in the Reserve Bank of India monetary policy committee's (MPC) three-day meeting that ended on Tuesday, under the new Governor Shaktikanta Das. RBI also changed its stance to 'neutral'.
Tue, Feb 05, 2019
The reserve bank is not expected to cut on interest rates due to rising crude prices and fiscal issues. Sr. Research Analyst Avinash Gorakssakar told Zee Business Online, ''The result of MPC meeting will be 50-50 on the revision of rates. For any changes to rates, the RBI will wait for full budget to be presented.''
Wed, Dec 05, 2018
The Reserve Bank of India (RBI) today left the repo rate unchanged at 6.5 per cent, while maintaining the stance of 'calibrated tightening' of policy. This is the second time in a row that the central bank did not tinker with the interest rates.
The central bank was forced to hike interest rates between June to August 2018 policy, something that is not considered good for the public at large, the borrowers or the industrialists, as it makes loans more expensive.
However, a majority of analysts are predicting that RBI will stick with the status quo in this policy. Some analysts have not ruled out a rate hike either. India's policy repo rate stands at 6.50%.
Wed, Jun 07, 2017
RBI is set to announce second bi-monthly monetary policy statement on June 07.Analysts expects the central bank to once again keep repo rate unchanged but sees changes in its economic stance.
Mon, Jun 05, 2017
RBI's move to bring down liquidity was one of the concern in April policy. Data suggest liquidity has come down since then.
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