Page 84 - Latest Updates on Reserve Bank of India
India's forex kitty jumps $2.9 billion to new high of $645.6 billion
Das says confident of meeting external financing requirements
 "India's forex kitty jumps $2.9 billion to new high of $645.6 billion")
Consumer confidence in India at more than four-year high, RBI survey shows
The 'future expectations index', which judges consumer sentiment for the upcoming 12 months, also improved to its highest since mid-2019, the survey showed
 "Consumer confidence in India at more than four-year high, RBI survey shows")
RBI monetary policy highlights: Last mile of disinflation is always challenging, sticky, says Governor Das
RBI MPC highlights: Catch all the highlights related to RBI's Monetary Policy Committee announcements here
 "RBI monetary policy highlights: Last mile of disinflation is always challenging, sticky, says Governor Das")
RBI MPC: Here are the major announcements made by Governor Shaktikanta Das
The Reserve Bank of India put the estimated real GDP growth for FY25 at 7 per cent
 "RBI MPC: Here are the major announcements made by Governor Shaktikanta Das")
RBI lowers quarter-wise inflation forecast for FY25, holds key rate steady
Inflation 'elephant has left the room and it appears to be on its way to the forest,' says RBI governor Shaktikanta Das
 "RBI lowers quarter-wise inflation forecast for FY25, holds key rate steady")
RBI to permit investment, trading of Sovereign Green Bonds at Gujarat IFSC
As part of the Budget estimate, the government is planning for gross market borrowing of Rs 14.13 trillion for 2024-25
 "RBI to permit investment, trading of Sovereign Green Bonds at Gujarat IFSC")
RBI MPC FY25: Repo rate kept unchanged at 6.5% for seventh consecutive time
The RBI MPC has also decided to keep its stance of "withdrawal of accommodation" unchanged with a majority of 5-1
 "RBI MPC FY25: Repo rate kept unchanged at 6.5% for seventh consecutive time")
Rupee declines 6 paise to 83.45 against US dollar in early trade today
Brent crude futures, the global oil benchmark, rose 0.40 per cent to USD 91.01 per barrel
 "Rupee declines 6 paise to 83.45 against US dollar in early trade today")
RBI MPC: Indian bond yields expected to be steady ahead of announcement
Das stressed that RBI may consider rate cuts only once retail inflation eases towards the RBI's 4% target on a sustainable basis
 "RBI MPC: Indian bond yields expected to be steady ahead of announcement")
First FY25 RBI MPC meeting: When, where to watch RBI governor's speech
RBI monetary policy: The MPC decision will be announced by Shaktikanta Das at 10 am on Friday, followed by a press conference at noon
RBI MPC: India's early rate-cut hopes dim as inflation threat lingers
The Reserve Bank of India will likely keep its benchmark repurchase rate at 6.5 per cent for a seventh straight policy meeting, according to all 38 economists surveyed by Bloomberg
Canara Bank launches loan products to meet hospitalisation expenses
The loan for meeting hospital expenses will be available at 11.55 per cent per annum on a floating basis and 12.30 per cent at fixed interest rate basis
 "Canara Bank launches loan products to meet hospitalisation expenses")
Bull market ageing, could lose steam from here, says Shankar Sharma
A 'Bull', he said, can at best do a short sprint and needs occasional breaks / pauses to catch its breath before charging again
 "Bull market ageing, could lose steam from here, says Shankar Sharma")
'Goldilocks' economy to prompt RBI to keep rates on hold: Economists
As India heads into a general election this month, the economy is growing faster than expected amid signs prices are trending lower though food inflation remains a risk
 "'Goldilocks' economy to prompt RBI to keep rates on hold: Economists")
'No change in RBI's stance on underlying exposure to forex derivatives'
The RBI had said in January that effective April 5, exchanges may offer forex derivative contracts involving the rupee to users "for the purpose of hedging contracted exposure"
First RBI MPC meet for FY25 starts today: Here is all you need to know
RBI Policy Meet: Experts believe the RBI will keep the repo rate unchanged at 6.5% and focus on bringing inflation towards the 4% target
Will RBI change focus to growth after PM Narendra Modi's speech?
While the central bank has not hiked the repo rate for more than a year now, but it has refused to drop the guard on inflation even if core inflation has moderated
 "Will RBI change focus to growth after PM Narendra Modi's speech?")
Monetary policy preview: If it ain't broke, don't fix it
Core inflation is falling, and the rupee is stable. But the more pertinent question here is whether there is a need for monetary easing. Let's discuss the key determinants
After three years, RBI returns to multiple price auctions for govt bonds
Since July 2021, the RBI has been conducting auctions for bonds, under uniform pricing, except for ultra-long duration bonds maturing in 30 years and beyond
RBI reverts to multiple price auctions for govt securities after 3 years
Under the multiple price auctions, buyers are allotted bonds at the price they bid at, while uniform pricing means bonds are sold at the cutoff level