Unchanged

Live: RBI Governor Shaktikanta Das gives the first monetary policy address of FY24. Will RBI hike the rate again to curb inflation or will they finally hit the pause button after 6 consecutive rate hikes since May 2022? Watch the RBI Governor as he delivers a decision on India's monetary policy LIVE on Moneycontrol.

Axis Bank keeps MCLRs unchanged; 1-yr tenor loan at 8.25%

Private sector Axis Bank has decided to keep the marginal cost of fund based lending rates (MCLRs) unchanged for the next monthly cycle beginning tomorrow.

RBI Monetary Policy: Bond yield may rise 15 bps; stance change may hurt, say experts

Ananth Narayan, Head-Financial Markets, Standard Chartered Bank said changing the stance from accommodative to neutral was a surprise and not expected by the market and so one is likely to see a sell-off in bond markets

RBI Credit Policy: RBI keeps key rates unchanged, says inflation risks have gone up

A status quo on rate action was factored in by experts as India grew at a phenomenal 7.9 percent for the March quarter and by 7.6 percent for the last fiscal year. Retail inflation, largely driven by food prices, inched up to 5.4 percent in April from 4.8 percent in the previous month, making it difficult for the RBI to cut rates any further

SBI's Bhattacharya rules out rate cut in near future

This came soon after the Reserve Bank kept its policy rates unchanged, with Governor Raghuram Rajan saying that the headline inflation is at elevated levels and banks are yet to pass on the full benefits of previous rate cuts.

ECB leaves key rates unchanged; Draghi warns on growth

The euro zone's benchmark lending rate will remain at 0.05 percent, while its deposit rate will stay at negative 0.20 percent—effectively charging lenders for holding deposits with the central bank.

Rate cuts unlikely until rupee, inflation eases: JPMorgan

Sajjid Chinoy, economist, JPMorgan believes the RBI has very limited scope to ease rates in the days to come too as the Indian economy is faced by a plethora of macro-economic concerns.

RBI credit policy: Expert views on RBI's mid-quarter policy review

The RBI kept its policy repo rate unchanged at 8.5% at its mid-quarter review, in line with forecasts.