May 12, 2017 10:16 AM IST
The RBI's Monetary Policy Committee (MPC), which has a mid-term inflation target of 4 percent, maintained its hawkish stance on inflation, with most members expressing concern over upside risks to core inflation.
- Apr 06, 2017 04:00 PM IST
- Apr 06, 2017 03:59 PM IST
Central bank announces regulatory changes such as raising reverse repo to 6% and allowing banks to invest in REITs.
- Apr 06, 2017 03:10 PM IST
- Apr 06, 2017 03:02 PM IST
In a nutshell, the RBI is hawkish on inflation, bullish on growth, proactive on liquidity management and serious about non-performing assets (NPA) resolution.
- Apr 06, 2017 03:02 PM IST
The Reserve Bank of India kept its repo rate at 6.25 percent for a third consecutive policy meeting on Thursday .
- Apr 06, 2017 02:36 PM IST
The six-member monetary policy committee (MPC), headed by RBI governor Urjit Patel, Thursday maintained status quo on repo rate but revised the reverse repo rate upward by 25 basis points to 6 percent.
- Apr 05, 2017 04:03 PM IST
Reliance Industries, Maruti Suzuki and L&T helped the Nifty close above 9,250 level but the selling pressure in HDFC, Infosys and ITC limited upside.
- Apr 04, 2017 12:40 PM IST
All 60 economists polled by Reuters predict the RBI's six-member monetary policy committee (MPC) will leave the repo rate at 6.25 percent, where it has been since October.
- Apr 03, 2017 12:46 PM IST
In February, India's central bank was expected to cut rates but surprised markets by leaving them on hold and changed its stance to neutral from accommodative, ending its longest easing cycle since the global financial crisis.
- Feb 22, 2017 06:58 PM IST
While three members highlighted the need to change the stance from accommodative to neutral, four mentioned that inflation excluding food and fuel remains â€œstickyâ€ at close to 5 percent
- Feb 17, 2017 09:45 AM IST
Newspapers and markets were forecasting the Reserve Bank of India would cut its key rate by a quarter of a percentage point. But the RBI held rates and moved to a "neutral" policy stance, signalling an end to India's longest monetary easing cycle since the 2008-09 global financial crisis.
- Feb 11, 2017 02:13 PM IST
Reserve Bank of India Governor Urjit Patel said that given the quantum of reduction in repo rates that have taken place over the past two years, there is some more scope for reduction in lending rates.
- Feb 08, 2017 07:18 PM IST
Reserve Bank of India Governor Urjit Patel, known for calling RBI an â€œowlâ€, may have turned hawkish on its monetary policy stance towards the year end.
- Feb 08, 2017 05:00 PM IST
In its first monetary policy review in 2017, on February 8, the Reserve Bank of India (RBI) has decided to keep key rates unchanged. Accordingly, the repo rate at which it lends to the R
- Feb 08, 2017 04:52 PM IST
The change in the Reserve Bank's monetary stance from 'accommodative' to 'neutral‘, which essentially hints the chances for future rate cuts are limited. But bankers suggest otherwise.
- Feb 08, 2017 03:56 PM IST
Flush with liquidity and the threat of rising inflation, RBI played on the side of caution in retaining interest rates where they were despite some expectations of a cut. Sticky non-food and non-oil inflation also played on the minds of Monetary Policy Committee (MPC) members who preferred to keep interest rates unchanged.
- Feb 08, 2017 03:07 PM IST
"The Committee remains committed to bringing headline inflation closer to 4.0 percent on a durable basis and in a calibrated manner. This requires further significant decline in inflation expectations, especially since the services component of inflation that is sensitive to wage movements has been sticky," the central bank said in a statement.
- Feb 08, 2017 02:22 PM IST
To wrap it up: MPC keeps repo rates unchanged, GVA growth at 7.4% for FY18, RBI sets up committee on cyber security, no cash withdrawal limits from March 13
- Feb 08, 2017 02:00 PM IST
The Reserve Bank of India (RBI) in its monetary policy meeting will announce its latest decision on interest rates, where it is expected to maintain status quo or cut the repo rate by 25 basis points (bps) to 6 percent.
- Feb 07, 2017 04:00 PM IST
Market experts expect consolidation to continue on Wednesday as the market seems to have priced in rate cut that is likely in forthcoming monetary policy on February 28.
- Feb 07, 2017 03:34 PM IST
The brokerage said 60 percent of 2,000 respondents surveyed by it reported that they have been impacted by the note ban and attributed the "surprising" November industrial growth of 5.6 percent to lower base effect.
- Feb 07, 2017 01:44 PM IST
A Reuters poll last week, conducted before the government presented its annual Budget, showed 28 of 46 participants expected the RBI on Wednesday to cut the repo rate by 25 basis points to 6.0 percent, its lowest since November 2010. Another two expected a 50 bps cut.
- Feb 06, 2017 02:44 PM IST
With the impact of demonetisation still being felt inflation under control, the six-member Monetary Policy Committee will likely recommend a reduction of 25 basis points in key policy rate, feel economists.
- Dec 21, 2016 08:27 PM IST
The minutes of the December 6 and 7 monetary policy committee meeting released today cited uncertainty following demonetisation, room for transmission of rate cuts, upturn in global commodity cycle and stickiness in non-food non-fuel inflation, as reasons for keeping the rates on hold.