Mon, Feb 12, 2024
Finance Minister Nirmala Sitharaman convened a meeting with the Reserve Bank of India's central board in Delhi. RBI Governor Shaktikanta Das was in attendance. The meeting followed the conclusion of the 2024 Budget Session, during which Sitharaman presented her interim budget ahead of the upcoming general elections.
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Thu, Feb 08, 2024
RBI MPC: RBI has not made any change in the repo rate this time also. The repo rate remains stable at 6.5%. This is the sixth consecutive time that RBI has not made any change in the repo rate.
What are the big announcements in RBI Monetary Policy? Know from RBI Governor Shaktikanta Das...
Thu, Jun 06, 2019
This policy, experts believe that monsoon will play major role in decision-making.
Das along with MPC members equally will vote for their stance in this monetary policy, followed by majority decision.
RBI Monetary Policy 2019 Highlights: A major boost is expected from the Reserve Bank of India (RBI) on Thursday morning when it presents the monetary policy report. Economy watchers contend that subdued food prices coupled with growth concerns allows RBI to aggressively cut key lending rate.
Currently, India’s policy repo rate stands at 6%, with reverse repo rate under LAF adjusted at 5.75%.
The industry insiders are of the opinion that cut in rates would help increase liquidity into the market leading to easy access of funds to the real estate developers and lower EMI for homebuyers.
Wed, Jun 05, 2019
RBI has cut repo rate by 50 basis points in past two monetary policies, taking down the indicator to 6% currently.
A booster dose in the form of further rate cut is expected from the Reserve Bank to rekindle economic growth which has been stunted by low demand, receding production and stagnant wages.
RBI rate cut will help in liquidity injection in the economy and help revive the currently stalled credit cycle, increase broad-based investments, give a fillip to consumption expenditure.
Tue, Jun 04, 2019
Capital heavy industries are very responsive to interest rates as it affects borrowing rates, both for developers and for buyers. Any rate cut is welcome for it.
Mon, Jun 03, 2019
"The Monetary Policy Committee (MPC) will meet during June 3, 4 and 6, 2019 for the second bi-monthly Monetary Policy Statement for 2019-20. The resolution of the MPC will be placed on the website at 11.45 AM on June 6, 2019," the RBI said Monday.
Wed, May 29, 2019
RBI repo rate cut is the need of the hour as the stage is equally set for developing the Fixed Income and Debt Derivatives market to drive growth.
Mon, Apr 29, 2019
RBI Governor Shaktikanta Das has cast his vote at Mumbai’s Peddar Road. Polling for 4th phase of LS elections are underway across the country. Results will declare on May 23.
RBI Governor Shaktikanta Das joins fellow citizens to cast vote. Watch this video to know more.
Thu, Apr 18, 2019
Weakening of domestic growth impulses and global slowdown prompted RBI Governor Shaktikanta Das to vote for a 25 basis points cut in interest rate.
Wed, Apr 17, 2019
The Reserve Bank of India had issued Fluorescent Blue-coloured Rs 50 note in August, 2018.
Sat, Apr 13, 2019
Reserve Bank of India (RBI) Governor Shaktikanta Das says India's economy needs to grow more faster to tackle poverty and other issues. Watch this video to know more.
Fri, Apr 05, 2019
Experts say Maruti Suzuki share prices are expected to show Rs 7,650/stock levels in short-term perspective as auto loans are expected to become cheaper.
Thu, Apr 04, 2019
RBI's MPC decision to cut Repo Rate by 25 bps will solve the credit line crisis that has hit the banking, NBFC, infrastructure, tech and other industrial output.
The correction is caused by profit booking after the successive rally at the Indian indices. Experts are advising investors to adopt buy on dips strategy.
When repo rate is low, this should ideally mean low-cost loans in general. Every time RBI repo rate is cut, banks are expected to lower the interest rates they charge their home, auto, personal loan takers.
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