Mon, Dec 04, 2017
The central bank had earlier, in August reduced the repo, or its repurchase rate by 0.25 percentage points to six per cent.
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Mon, Oct 02, 2017
Several experts and industry bodies too have made a strong case for lowering of the key interest rate in view of subdued inflation and the urgency to propel economic growth.
Sat, Sep 23, 2017
The statement comes ahead of the Reserve Bank's bi-monthly monetary policy decision to be announced on October 4.
Wed, Aug 02, 2017
The decision was taken considering the majority of MPC, as four out of six MPC members were in favour of 25 bps cut in policy rate.
Policy repo rate stands at 6.25% presently. Markets are expecting a rate cut while few analysts believe it would be another status quo in this monetary policy review.
Wed, Jun 21, 2017
Urjit Patel, during the MPC meeting held on June 6-7, also underlined the need for resolution of stressed assets of banks and timely recapitalisation of public sector lenders.
Thu, Jun 08, 2017
Urjit Patel was asked if the finance ministry invite was an assault on the independence and autonomy of the RBI.
Tue, Dec 27, 2016
Prime Minister Narendra Modi and Finance Minister Arun Jaitley will meet NITI Aayog officials, economists and experts on Tuesday to get their views on the upcoming Budget 2017-18.
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