Page 14 - Monetary Policy Committee

Hike interest rates by 25-35 basis points in Dec: Economists to RBI

The meeting was held ahead of the RBI's next monetary policy review, which is scheduled December 5-7

Retail inflation likely to ease in coming months: Finance ministry

The MER, however, warned that the global macroeconomic situation remained precarious and a recession in many advanced economies would impact India's exports

GDP growth may have beaten MPC estimate of 6.3% in Q2, say most economists

The GDP numbers for the second quarter of the current financial year are scheduled to be out by this month end

Best of BS Opinion: Unwelcome reminder, Beyond Bali, and more

Here is the best of Business Standard's opinion pieces for today

RBI likely to go for smaller rate hikes as inflation eases: Analysts

The RBI has already raised rates by 190 bps since May, to 5.90%, as it battles to reign in inflation that has stayed above its 2%-6% tolerance band for ten straight months now.

Special FD rates, while attractive, lose the medium to long-term race

While you may begin allocating to them, keep some powder dry as rates could rise further

Britain and Rishi Sunak

The new PM faces unenviable challenges ahead, but he is a testament to the progress Britain has made towards becoming a multi-racial society

Managing growth expectations

In a highly uncertain global economic environment, realistic growth projections would reduce risks

What does Nobel laureate Douglas Diamond think of dominance of PSBs?

Business Standard's Veenu Sandhu & Manojit Saha speaks to Prof Douglas Diamond, who won the 2022 Nobel Prize in Economics, on how banks can brace themselves amidst concerns of a recession and more

Why does the RBI have to write a letter to govt over inflation?

RBI's monetary policy committee held an off-cycle meeting on Thursday, to discuss the unrelenting inflation and give a response to the govt on it. Why's the RBI is writing to the govt over inflation

RBI's MPC meets to draft letter to govt on missing inflation target

The meeting was chaired by RBI Governor Shaktikanta Das and attended by all the other five members of the rate setting panel

RBI Meeting: All you need to know about additional monetary policy meet

Under Section 45ZN of the RBI Act, 1934, the central bank is required to write a letter to the Centre if it fails to maintain the inflation target

After Fed hike, experts can't form consensus on expected MPC response

In September review, panel talked about aggressive monetary policy actions and stances across the world

RBI's letter may cite Ukraine war as main reason for high inflation: Report

For the past few months the MPC's and the governor's conduct has pointed at the war in Ukraine as the main reason for inflation staying above 6 per cent for three consecutive quarters

Acting prematurely would have hurt economy, says RBI Governor Das

Shaktikanta Das defends timing of rate hikes amid failure to meet inflation target

A healthy debate: The case for and against interest rate hike

Having raised policy rates to about 6 per cent, does India's Monetary Policy Committee need to do more? And, if so, is more front-loading warranted?

Deposit rates may rise 105 bps due to 190 bps repo rate hike: SBI report

CASA occupies a 45% share in overall bank deposits; it is FDs, which make the remaining 55%, which will need the rate adjustment

RBI release suggests Nov MPC meet only to discuss inflation target failure

MPC may decide RBI's response to govt on the matter; Unlike earlier off-cycle meetings in which interest rate action was taken outside schedule without prior notice, this one was announced in advance

Inflation above target: MPC to meet on Nov 3 to discuss response to govt

The announcement notifying an additional meeting of the MPC has been made as per Section 45ZI (4) of the RBI Act 1934, the RBI said on Thursday

Reserve Bank to hold additional monetary policy meeting on November 3

The MPC hiked the policy repo rate by 50 basis points (bps) to 5.9 per cent in the last policy review, announced on September 30