Thu, Dec 07, 2023
Even as the three-day RBI MPC meeting has started on Wednesday, all eyes are on the interest rate-setting panel’s decision on Friday. Experts, however, expect a status quo on the key policy rates as inflation is gradually coming closer to the RBI’s target level and economic growth is picking up. RBI Governor Shaktikanta Das-headed Monetary Policy Committee has begun its three-day deliberations on December 6. Das would unveil the decision of the six-member MPC on the last day of the meeting--December 8 (10.00 AM).
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Wed, Aug 07, 2019
Even after slowdown in global economy, gold price appreciation and geopolitical tension, the RBI managed to cut Repo Rates by 35 bps to 5.4 per cent and maintained its 'accomodative' stance.
Wed, Feb 07, 2018
Rising oil prices and the lingering impact of a rise in house rent allowance, as part of the Seventh Pay Commission’s recommendations, are likely to keep future inflation at the elevated level.
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