RBI governor
RBI Governor Shakitkanta Das asks bankers to be watchful of evolving macroeconomic situation
Thu, Nov 17, 2022
The governor in his introductory remarks acknowledged the crucial role played by the commercial banks in supporting economic growth throughout the turbulent times since the outbreak of the pandemic and the ongoing financial market turmoil.
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RBI Governor Shakitkanta Das to meet public sector banks' CEOs on Wednesday; to discuss slow deposit growth
Tue, Nov 15, 2022
As per the Reserve Bank of India (RBI) data, deposits rose by 9.6 per cent as compared to 10.2 per cent on a year-on-year basis, while credit offtake witnessed a jump of 17.9 per cent as against 6.5 per cent a year ago.
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India 360: India’s Retail Inflation Eases To 3-Month Low Of 6.77% In October; How Durable Is This Relief On The Inflation Front?
Mon, Nov 14, 2022
The fall in consumer price index-based retail inflation to 6.77 per cent in October from 7.41 per cent in September has also brought some relief for the Reserve Bank which has been struggling to bring it below the upper tolerance level of 6 per cent since January this year. The Wholesale Price Inflation (WPI) eased to 8.39 per cent in October. How durable is this relief on the inflation front? What were the main reasons for the fall in inflation? Watch the exclusive interview with Aditi Nayar, Chief Economist, ICRA on India 360.
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Editor's Take: Will Inflation Be Less In India As Compared To Other Countries? Reveals Anil Singhvi
Mon, Nov 14, 2022
How good cues for the Indian market? What will be the inflation rate today? How confident is the RBI governor about inflation? Will inflation be less in India as compared to other countries? Know from Anil Singhvi.
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RBI Governor Shakitkanta Das says inflation print for October likely to be lower than 7% - know details!
Sat, Nov 12, 2022
The rate-setting Monetary Policy Committee headed by the RBI Governor has been mandated by the government to keep inflation within 2-6 per cent range. On the Indian economy, Das said the macroeconomic fundamentals remain strong and growth prospects are looking good.
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Editor's Take: Why Today's RBI MPC Meeting Is Important For Market? Possibility To Rate Hike, Reveals Anil Singhvi
Thu, Nov 03, 2022
What will happen in RBI's MPC meeting? What's the big concern in our market today? How will the market survive if RBI raises interest rates? How far market will fall when opens below the gap? Know from Anil Singhvi.
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India 360: RBI’s Monetary Policy Committee To Meet To Discuss First-Ever Inflation Target Miss
Wed, Nov 02, 2022
The Reserve Bank of India has called an additional meeting of its Monetary Policy Committee (MPC) tomorrow. RBI has to tell the government why RBI failed to control inflation? Apart from this, RBI will also have to give an action plan to bring inflation under control. Timeline will have to be given to bring inflation within the prescribed range. Watch this special report on India 360.
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Retail inflation rises to 7.41% in September on costlier food items, remains above RBI's tolerance level for 9th month
Wed, Oct 12, 2022
Official data released on Wednesday showed that the retail inflation based on Consumer Price Index (CPI) was at 7.41 per cent in September. It was at 7 per cent in August and 4.35 per cent in September 2021.
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India 360: RBI Hikes Repo Rate By 50 Bps For The 4th Time In A Row; When Will The Hike In Interest Rates Stop?
Fri, Sep 30, 2022
RBI has increased the repo rate by 50 basis points. Central banks around the world have increased interest rates. India's GDP growth is still the best. Inflation is a matter of concern for all sectors. Global inflation is increasing continuously. Experts believe that as long as the supply chain remains affected, inflation will increase. RBI increased repo rate to curb inflation. Who is responsible for the hike in interest rates? When will the hike in interest rates stop? Watch this special report on India 360.
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Money Guru: Where To Earn In Rising Interest Rates? What Is The Way Of Dealing With Inflation? Know Experts Opinion
Fri, Sep 30, 2022
RBI hiked repo rate by 50 basis points. After the repo hike, the gap between inflation and interest rate narrowed. Inflation rate at 7%, repo rate at 5.90%. This will make all types of loans expensive. In such a situation, you can reduce the tenure by increasing the EMI. You can pre-pay the loan amount. In between, you can make a one-time pre-payment. You can also make systematic part payment every month. Avoid Investing in Long Duration Debt Funds: Mrin Agarwal, Founder, Finsafe India and Monika Halan, Author and Professor, NISM.
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Aapki Khabar Aapka Fayda: RBI Hikes Interest Rate Again; Will There Be A Relief From Inflation Now? Watch This Special Report
Fri, Sep 30, 2022
Today RBI has increased the repo rate by 50 basis points to 5.9%. This is the fourth time since May that the RBI has increased the repo rate. Home loan, personal loan and car loan will become expensive after the repo rate hike. On the other hand, the interest paid by banks to customers on FDs will also increase. This will have an impact on all types of home loans in the coming days. Will there be a relief from inflation now? Watch this special report of Aapki Khabar Aapka Fayda.
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Final Trade: Nifty Ends Around 17,100, Sensex Gains 1,017 Pts Post RBI Rate Hikes
Fri, Sep 30, 2022
Benchmark indices soared in today's trade after the RBI's repo rate hike news. The S&P BSE Sensex gained 1,017 points to end at 57,427 level, while the Nifty50 climbed 276 points to close at 17,094 level.
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RBI Monetary Policy: Governor Shaktikanta Das calls Rupee 'free floating currency'
Fri, Sep 30, 2022
The movement of the Indian Rupee (INR) has been orderly compared to most other countries and faring much better than several reserve currencies as well as many of its emerging market economies and Asian peers, Das said.
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RBI Monetary Policy: What may provide relief from inflation - Governor Shaktikanta Das says this
Fri, Sep 30, 2022
Notably, inflation has remained above the central bank's tolerance level of 4 per cent plus/minus 2 per cent (upper limit 6 per cent, lower limit 2 per cent) for the past 8 months.
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RBI Monetary Policy: Why Repo Rate Has To Increase By 0.50%, Watch To Know The Reasons
Fri, Sep 30, 2022
Why Repo Rate has to increase by 50 basis points? How much concerns more over inflation? How strong dollar index has affected the Indian economy? What were the Global challenges? Know full details from RBI Governor in this video.
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RBI Policy: How Important Is The Commentary Of The RBI Governor Shaktikanta Das? Details Anil Singhvi
Fri, Sep 30, 2022
What will happen in RBI policy today? How much will interest rates increase? How important is the commentary of RBI Governor Shaktikanta Das? When will banking stocks rise? Watch full outlook before RBI policy from Anil Singhvi.
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Power Breakfast: Weakness In Global Markets Continues, As The US Indices Decline Up To 3% Led By Tech Giant Apple
Fri, Sep 30, 2022
Dow Jones fell 450 points, also went below 29000 in intraday. The Nasdaq fell nearly 3% on the big sell-off of IT. Apple's stock fell by 5%. Bank of America downgraded iPhone 14 on demand warning. Europe fell by up to 2%. Inflation in Germany soared to a 70-year high of 10 percent in September. Dollar index slipped below 112.
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