RBI monetary policy time: The MPC decision will be announced by Shaktikanta Das at 10 am on Thursday
Proposals shared include linking MFs' foreign investment limit to forex reserves
Market participants are also hoping for some relief from the RBI on the liquidity front with the system deficit having hit a record high in January
RBI MPC: In a poll conducted by Business Standard, all 10 respondents said that the MPC might maintain the status quo for a sixth consecutive time
RBI Governor-headed Monetary Policy Committee (MPC) will start its three-day deliberations on February 6. Governor Shaktikanta Das will announce the decision of the six-member panel on February 8
The first MPC formulated policies between October 2016 and August 2020. The second MPC, with three new external members, was established in October 2020
At Hawa Mahal, both leaders will shop at local shops, and transactions are likely to be done through UPI
Das said the central bank had not mandated any number on credit deposit ratio, and neither do they propose to
Catch all the latest updates LIVE from across the globe here
Das said he expects January inflation to moderate and the trend has been moderating but unless inflation reaches 4 per cent on a durable basis
Observing that headline inflation substantially eased from the elevated level seen in the summer of 2022, Das said price momentum was easing across core goods and services
He also credited the government for structural reforms undertaken in recent years, saying they have boosted the medium and long-term growth prospects of the Indian economy
After increasing the key policy rates by 250 basis points to 6.5 per cent between May 2022 and February 2023, the central bank paused in the next five policy review meetings
Speaking at WEF in Davos, Guv Das said there is a lot of international confidence in India and the macroeconomic and financial sector stability that the country offers
"The Reserve Bank of India will let the rupee appreciate only gradually," said Dhiraj Nim, economist and forex strategist at Australia & New Zealand Banking Group
Top honchos from India Inc, finance, govt heading to the World Economic Forum
Das says cybersecurity threat remains a major challenge
The IBC, which came into force in 2016, is a key legislation aimed at resolving stressed in a time-bound and market-linked manner
Reserve Bank Governor Shaktikanta Das on Thursday dismissed criticism from certain quarters that after the huge success of UPI and asserted that there is more room for the payment app to grow
Regulator has dedicated team to check IT systems of banks and NBFCs, says Shaktikanta Das