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April 04, 2019 / 05:20 PM IST
RBI Policy Highlights: Will issue revised circular on stressed assets, says Shaktikanta Das
The monetary policy committee has reduced the key policy rate by 25 basis points to 6 percent in order to boost private investments and support domestic growth
  • April 04, 2019 / 02:58 PM IST
  • April 04, 2019 / 05:16 PM IST

    Thanks for staying tuned with Moneycontrol's coverage on the first bi-monthly monetary policy. For more updates log on to Moneycontrol.com

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  • April 04, 2019 / 05:15 PM IST

    SBI chairman Rajnish Kumar said that RBI's downward revision in GDP and inflation projections reveals near term global headwinds and lower than anticipated rainfall might add to uncertainties. Overall, he said that it is a forward-looking policy catering to the demands of the various market participants.

  • April 04, 2019 / 02:58 PM IST

    V S Parthasarathy, CFO, Mahindra Group said that by giving a 'Doosra' rate cut, the RBI has, amidst all 'field restrictions', provided a window to spur consumption growth. With inflation remaining in the comfort zone, Parthasarathy said that the need of the hour is monetary transmission through durable liquidity.

  • April 04, 2019 / 02:52 PM IST

    The next meeting of the MPC is scheduled during June 3, 4 and 6, 2019. Most economists are expecting another 25 basis points repo rate cut in the June policy.

  • April 04, 2019 / 02:47 PM IST

    Chief economic adviser says that the SC order issue can be worked out together between the government and RBI.

  • April 04, 2019 / 02:42 PM IST

    The government had revised upwards the fiscal deficit target for 2018-19 fiscal to 3.4 percent from 3.3 percent projected in the budget. For current fiscal, which begun on April 1, the fiscal deficit target has been set at 3.4 percent.

  • April 04, 2019 / 02:41 PM IST

    Kotak Institutional Equities said that while they expect another rate cut of 25 basis points H1FY20, the timing will be data dependent as the RBI may want to see certain risks play out. These risks include El Nino, elections and full budget.  

  • April 04, 2019 / 02:25 PM IST

    Khushru Jijina, MD, Piramal Capital and Housing Finance said that the focus to align the Indian housing finance securitisation market as well as the secondary market for corporate loans with international best practices as announced today will essentially deepen these markets and ensure better price discovery. 

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