Mizoram People's Conference, Mizoram Assembly Election 2008 Latest News & Results

RBI Monetary Policy Meeting 2024: Reserve Bank of India Retains Repo Rate at 6.5%, Forecasts 7.2% GDP Growth for FY25

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday decided to maintain the status quo on the repo rate at the current 6.5 per cent, while retaining India's real GDP growth forecast at 7.2 per cent for FY25.

RBI Monetary Policy Meeting 2024: Reserve Bank of India Keeps Repo Rate Unchanged for 10th Time in a Row (Watch Video)

The Reserve Bank of India on Wednesday decided to keep the policy rate unchanged for the tenth time in a row but changed its stance to 'neutral' that may lead to a cut in the forthcoming policies.

RBI Monetary Policy Meeting 2024: Repo Rate Likely To Remain Unchanged, Governor Shaktikanta Das To Announce Decision Today

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) meeting today, with Governor Shaktikanta Das expected to announce the central bank's decision on policy rates.

RBI Monetary Policy Committee Meeting Begins Today, What To Expect?

The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and will run from October 7 to October 9.

RBI Repo Rate: Reserve Bank of India Unlikely To Cut Rate in Monetary Policy on August 8, Say Experts

The RBI's repo rate, currently at 6.5 per cent since it was last increased in February 2023, is widely anticipated to remain unchanged for the ninth consecutive bi-monthly policy review says experts.

RBI MPC Meeting To Begin Next Week: Reserve Bank of India Unlikely To Cut Interest Rate at Its Monetary Policy Review Meeting on June 7, Say Experts

Reserve Bank of India (RBI) is unlikely to cut the benchmark interest rate at its upcoming monetary policy review meeting, taking place soon after the announcement of the Lok Sabha election results, amid inflation challenges, said experts.

RBI Governor Shaktikanta Das Calls on Finance Minister Nirmala Sitharaman Ahead of Monetary Policy Committee

Reserve Bank Governor Shaktikanta Das on Wednesday met Finance Minister Nirmala Sitharaman for a non-agenda courtesy meeting, a fortnight ahead of the central bank's meet to decide on benchmark policy rate.

RBI Repo Rate Update: Reserve Bank of India Keeps Repo Rate Unchanged at 6.5%

In the latest update, on Thursday, February 8, the RBI's Monetary Policy Committee (MPC) decided to maintain the status quo by keeping the repo rate unchanged at 6.5 cent.

RBI Decision to Maintain Repo Rate Welcomed, Impact on Affordable Housing a Concern

The recent decision by the Reserve Bank of India (RBI) not to hike the repo rate unchanged has been met with appreciation.

RBI Keeps Repo Rate Unchanged at 6.5% for Second Time in a Row

The Reserve Bank of India on Thursday opted for a pause second time in a row, maintaining key benchmark policy rate at 6.5 per cent as inflation moderates. The rate increase cycle was paused in April after six consecutive rate hikes aggregating to 250 basis points since May 2022.

RBI Monetary Policy Latest Update: Reserve Bank of India Retains Repo Rate at 6.5% (Watch Video)

Not belying the expectations, the Reserve Bank of India's Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent.

RBI Decision To Keep Repo Rate Unchanged at 6.5% in Line With Expectations, Say Experts

The Reserve Bank of India's decision to keep key benchmark policy rate at 6.5 per cent is in line with expectations of the market, experts said on Thursday. The repo rate hike has been paused after six consecutive rate increases aggregating to 250 basis points since May 2022.

RBI Likely To Announce Another Repo Rate Hike on April 6 To Manage Inflation

The Reserve Bank of India is likely to announce the hike in benchmark interest rate -- repo rate -- on Thursday after a three-day meeting of its Monetary Policy Committee. Governor Shaktikanta Das will announce the outcome of the meetings at 10 in the morning tomorrow, followed by a press conference at noon.

RBI Likely to Pause Interest Rate Hike in April Policy Meet: SBI Research

The Reserve Bank of India (RBI) is expected to pause their interest rate hike and the current 6.5 per cent repo rate could be the terminal rate for now, said SBI Research in its latest Ecowrap report. The repo rate is the interest rate at which the RBI lends money to all commercial banks.

Loan EMIs Likely To Rise As RBI May Go In for 25 Basis Point Interest Rate Hike in Monetary Policy Meet on April 6, Say Experts

"Given that CPI inflation has been 6.5 per cent and 6.4 per cent in the last two months and that liquidity is now near neutral, we may expect the RBI to raise rates once again by 25 bps and probably change stance to neutral to signal that this cycle is over," opined Madan Sabnavis, Chief Economist, Bank of Baroda.

Retail Inflation Rises 5-Month High of 7.4% in September, Factory Output Shrinks by 0.8% in August

IIP contracted by 0.8 per cent in August, mainly due to a decline in output of the manufacturing and mining sectors. Official data showed that the previous low in industrial output growth was a contraction of 3.2 per cent in February 2021. Factory output, measured in terms of the Index of Industrial Production (IIP), had expanded by 13 per cent in August 2021.