RBI revises GDP growth forecast for 2019-20 to 6.9% from 7.0%
In the MPC’s June resolution, real GDP growth for 2019-20 was projected at 7.0 percent – in the range of 6.4-6.7 percent for H1:2019-20 and 7.2-7.5 percent for H2 – with risks evenly balanced.
Aug 07, 2019, 12:16 PM ISTRBI cuts repo rate by 35 basis points in third bi-monthly monetary policy
The move is expected to lead to reduction of lending rate by banks leading to lower EMI for housing, car loan and corporate borrowers. This is RBI's second monetary policy after Modi 2.0 took charge in May.
Aug 07, 2019, 11:49 AM ISTRBI's change in stance as good as additional 25 bps rate cut: Shaktikanta Das
While the RBI has cut rates 75 bps since the start of 2019, banks have only eased their key rate by 15-20 bps.
Jul 22, 2019, 10:21 AM ISTRBI second bi-monthly Monetary Policy statement for 2019-20 – Read full text
Here is the full text of RBI's second bi-monthly Monetary Policy statement for 2019-20.
Jun 06, 2019, 13:10 PM ISTRBI cuts repo rate by 25 basis points in first monetary policy after Modi 2.0 takes charge
The move is expected to lead to reduction of lending rate by banks leading to lower EMI for housing, car loan and corporate borrowers.
Jun 06, 2019, 11:48 AM ISTRBI's first monetary policy after Modi 2.0 takes charge, likely to go for 35 bps rate cut
It can be noted that since Governor Shaktikanta Das has assumed office, the central bank has cut its key rates by a cumulative 0.50 percent as inflation ebbed.
Jun 06, 2019, 09:26 AM ISTRBI MPC starts discussions on monetary policy review
The central bank has slashed the short-term lending rate (repo rate) by 25 basis points (0.25 percentage points) each in its last two policy reviews.
Jun 03, 2019, 15:58 PM ISTRBI may cut interest rate by at least 25 basis points Thursday: Experts
The RBI's Monetary Policy Committee (MPC) is slated to announce its bi-monthly policy on Thursday amidst Narendra Modi-led government starting its second term. The central bank had cut the short-term lending rate (repo rate) by 25 basis points each in its last two policy reviews.
Jun 03, 2019, 10:44 AM ISTRBI likely to keep repo rate unchanged in June: Report
The central bank will also evaluate the implications of policies of the new government for growth and inflation.
May 30, 2019, 10:45 AM ISTIndia to cut rates in June, but analysts split on if it should: Poll
Under Governor Shaktikanta Das, who took over as RBI governor from Urjit Patel in December last year, the central bank delivered rate cuts at its previous two meetings, in February and April.
May 29, 2019, 10:02 AM ISTRBI likely to cut interest rate again in June; no cut thereafter
In a report on the forecast for global monetary policy actions and resulting economic impact, the London-based global information provider said RBI is likely to tighten its monetary policy stance in early-to-mid 2020.
May 08, 2019, 16:29 PM ISTHome, auto loans set to be cheaper as RBI cuts repo rate by 25 bps to 6%
After the rate reductions, the reversed repo rate stands adjusted at 5.75 percent.
Apr 04, 2019, 11:54 AM ISTRBI to announce first bi-monthly monetary policy of 2019-20 shortly
The Monetary Policy Committee headed by RBI Governor Shaktikanta Das will announce the resolution of the meeting at around 11.45 today.
Apr 04, 2019, 10:06 AM ISTGrowths set to slow down to 6-6.5% in H1 of 19: Nomura
The Reserve Bank under the new governor had last week projected a GDP growth of 7.4 percent for 2019-20--7.2-7.4 percent in first half, and 7.5 percent in the second half.
Feb 20, 2019, 13:10 PM ISTAfter a surprise rate cut, Das promises more if inflation falls
The surprise 25 basis points rate cut to 6.25 percent is a measure to broad base credit growth across all the sectors of the economy that's gathering more steam now, the governor said.
Feb 08, 2019, 10:01 AM ISTRBI raises collateral-free farm loan limit to Rs 1.6 lakh
The central bank also decided to set up an internal working group (IWG) to review agricultural credit and arrive at a workable policy solution.
Feb 07, 2019, 13:50 PM ISTRBI to ensure adequate liquidity to all sectors
The central bank also cut its estimates on headline inflation.
Feb 07, 2019, 13:45 PM ISTRBI projects 7.4% GDP growth for FY20
The CSO has estimated GDP growth at 7.2 percent for 2018-19.
Feb 07, 2019, 12:43 PM ISTRBI cuts inflation forecast to 2.8% for Q419; 3.2-3.4% for H1FY20
For the third quarter of 2019-20, the inflation target is set at 3.9 percent.
Feb 07, 2019, 12:42 PM ISTHome, auto loans set to be cheaper as RBI Governor Shaktikanta Das cuts interest rates by 0.25%
This is Das' first monetary policy review after taking charge as the RBI Governor, replacing Urjit Patel.
Feb 07, 2019, 11:49 AM IST