RBI monetary policy

RBI Monetary Policy August 2023: Reserve Bank Yet Again Keeps Repo Rates Unchanged At 6.5%

The Monetary Policy Committee meeting of the RBI took place on June 8-10. A year is divided into six bimonthly reviews of the central bank's monetary policy. Additionally, there are out-of-cycle reviews, where the central bank holds extra sessions in urgent situations.

Aug 10, 2023, 10:05 AM IST

RBI to announce monetary policy today at 10 am

RBI Monetary Policy Announcement: Reserve Bank of India will announce monetary policy today. This announcement will be made at 10 am. After this, RBI Governor Shaktikanta Das will also hold a press conference at 12 noon.

Aug 10, 2023, 09:08 AM IST

RBI Monetary Policy August 2023: Will RBI Change Interest Rate Today? Know What Experts Say

The high-powered rate-setting panel MPC began its three-day meeting on on Tuesday with speculations abuzz that the RBI might go for another status quo on the key interest rates

Aug 10, 2023, 09:03 AM IST

Cooperative Banks Will Soon Be Able To Do Compromise Settlements, Write-Offs On NPAs: RBI Governor

Till now, this avenue for dud asset resolutions was available only with scheduled commercial banks and select non-bank finance companies, Das said, adding that comprehensive guidelines on the same will be released soon.

Jun 08, 2023, 13:09 PM IST

RBI Retains FY24 GDP Growth Forecast At 6.5%

In April, the central bank had marginally revised upwards the 2023-24 GDP growth projection to 6.5 per cent, from its earlier forecast of 6.4 per cent.

Jun 08, 2023, 12:43 PM IST

RBI Marginally Lowers FY'24 Inflation Projection To 5.1%

In April, the Reserve Bank had estimated the consumer price index (CPI) based retail inflation at 5.2 per cent during the fiscal 2023-24.

Jun 08, 2023, 12:34 PM IST

Markets Continue To Trade Higher Post RBI Policy Decision

The 30-share BSE Sensex climbed 174.2 points to 63,317.16 in morning trade after the monetary policy announcement. The NSE Nifty advanced 49.2 points to 18,775.60.

Jun 08, 2023, 12:22 PM IST

RBI Permits Banks To Issue Rupay Prepaid Forex Cards

RuPay Debit, Credit, and Prepaid Cards will be enabled for issuance in foreign jurisdictions, which can be used internationally, including in India.

Jun 08, 2023, 12:15 PM IST

RBI Monetary Policy 2023: Reserve Bank Keeps Repo Rates Unchanged At 6.5%

The Monetary Policy Committee meeting of the RBI that took place on June 6-8, has decided to go for a rate pause. 

Jun 08, 2023, 10:05 AM IST

RBI Monetary Policy: MPC May Not Change Interest Rate Today, Say Experts

RBI Governor Shaktikanta Das will announce the MPC's decision on Thursday at 10 AM while the policy press conference will be shared at 12 noon.

Jun 08, 2023, 09:24 AM IST

RBI Monetary Policy 2023: Central Bank Keeps Repo Rates Unchanged At 6.5%

Monetary Policy Committee of RBI decided to take a pause after a rate hike seen in previous six consecutive policies.

Apr 06, 2023, 10:12 AM IST

RBI Monetary Policy Announcement Today: Another Repo Rate Hike Likely

RBI Monetary Policy 2023: Governor Shaktikanta Das will announce the outcome of the meetings at 10 am today, followed by a press conference at noon.

Apr 06, 2023, 08:29 AM IST

RBI 3-Day MPC Meet Begins Today; Central Bank Likely To Hike Benchmark Interest Rate By 25 Bps On Apr 6

The Monetary Policy Committee (MPC) of the Reserve Bank will be meeting for three days on April 3, 5 and 6 to take into account various domestic and global factors before coming out with the first bi-monthly monetary policy for fiscal 2023-24.

Apr 03, 2023, 08:52 AM IST

RBI Projects Inflation to Fall to 5.3% in FY24

Core inflation, however, remains sticky, the RBI said.

Feb 08, 2023, 12:35 PM IST

RBI Projects FY24 GDP Growth at 6.4%, in Line With Economic Survey

Amid volatile global developments, the Indian economy remains resilient, said RBI Governor Shaktikanta Das while unveiling the last bi-monthly monetary policy of the current fiscal.

Feb 08, 2023, 12:23 PM IST

RBI Monetary Policy 2023: Read Full Statement of Governor Shaktikanta Das

The Monetary Policy Committee resolved to hike the policy repo rate by 25 basis points with 4 out of 6 members voting in favour of a rate hike.

Feb 08, 2023, 11:59 AM IST

Brace for Higher EMIs for Your Home Loan! RBI Hikes Repo Rate - Here's What it Really Means for Borrowers

RBI increased the repo rate again by 25 bps. What will happen to house loan borrowers?

Feb 08, 2023, 11:00 AM IST

RBI to Launch QR Code based Coin Vending Machine to Enhance Ease of Access to Coins

RBI Monetary Policy 2023: RBI Governor Shaktikanta Das said this while announcing the outcome of the Monetary Policy.

Feb 08, 2023, 10:51 AM IST

RBI Monetary Policy 2023 Live Updates: RBI Hikes Repo Rates by 25 Basis Points to 6.50%, Loan EMIs to go Up

RBI Monetary Policy 2023 Live Updates: RBI's MPC has decided 4:2 vote to remain focused on withdrawal of accommodative policy.

Feb 08, 2023, 08:15 AM IST

RBI's 3 day MPC meeting starts today: Will RBI to continue or hit the pause button on rate hike?

The RBI's MPC will be meeting on February 6-8 to decide on the policy rates.

Feb 06, 2023, 12:57 PM IST