Thu, Jun 06, 2019
Following the RBI repo rate cut announcement, there was heavy selling pressure witnessed on Sensex and Nifty 50.
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These decisions are in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth.
Das along with MPC members equally will vote for their stance in this monetary policy, followed by majority decision.
Wed, Jun 05, 2019
RBI has cut repo rate by 50 basis points in past two monetary policies, taking down the indicator to 6% currently.
Wed, Aug 01, 2018
RBI monetary policy 2018: It needs to be noted that prospects of a 50 basis points rate hike scenario hangs on India, but the real question that one should ask is when exactly is it going to take place.
Fri, Apr 20, 2018
RBI Governor Urjit Patel said there are clear signs of revival in the manufacturing sector strengthening. His deputy Viral Acharya turned more hawkish, saying he is likely to shift decisively to vote for a beginning of “withdrawal of accommodation” in the next MPC meeting in June.
Thu, Feb 22, 2018
RBI kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6%, raised CPI inflation target
Wed, Aug 02, 2017
Two days before Reserve Bank of India's bi-monthly policy, SBI had announced rates cut. What will be RBI's call now?
Analysts expect a rate cut in the RBI's August bi-monthly monetary policy, however there were list of several factors that indicated cautious stance in the meet. Policy repo rate for now stands at 6.25%.
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