Page 15 - Monetary Policy Committee

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RBI policy: MPC may raise repo rate 35-50 bps, shows Business Standard poll

Many expect the RBI to lower the GDP growth estimate to 7%

RBI's policy decisions been in right direction, says Ashima Goyal

Headline retail inflation was at 6.71% in July; it was the first time in four months that the price gauge printed below 7%

Managing inflation can't just be left to RBI: FM Nirmala Sitharaman

'Monetary and fiscal policies have to work in tandem; importing Russian oil part of inflation management'

Job creation, wealth distribution priority over inflation: FM Sitharaman

The finance minister said if India and the United States joined efforts in growing their respective economies, they might be the engines of global growth within the next two decades

India will not miss estimated 11.1% FY23 nominal GDP growth: Bibek Debroy

Says country will the milestone assumed in the Budget despite the tense geopolitical situation

MPC minutes suggest further repo rate hikes to tackle rising inflation

Sequence of policy measures is expected to anchor inflation expectations, said Das

Most economists see GDP growing at slower pace in Q1 than MPC projection

At the MPC's estimate of 16.2%, the economy would have grown 6.1% over the corresponding quarter of 2019-20

Cooling food prices pull inflation down to five-month low in July

Industrial output remains robust

Central banks haven't got it wrong

Forecasts of economic doom are premature and central bank-bashing is misplaced

Bank of Baroda to increase MCLR rates by up to 0.2% from August 12

The interest rate hike comes after the Reserve Bank of India's (RBI's) six-member monetary policy committee (MPC) raised the benchmark repo rate by another 50 bps to 5.40 per cent last week

HDFC Bank, IDFC First hike MCLR post repo rate hike by Reserve Bank

Most banks have revised their external benchmark linked loan rates by 50 bps

HDFC hikes retail prime lending rate on housing loans by 25 bps from Aug 9

The mortgage lender has raised rates by 140 bps since May, passing on the entire repo hike to borrowers

How much will be the next rate hike: 35 or 25 bps?

Since the RBI is determined to ensure a soft landing of the economy through front-loading the rate hikes, the probability of a 35-bps hike at the next meeting is strong

Normalising policy

The pace of rate hikes could moderate

Monetary policy review: Economists see repo rate climbing to around 6%

At its current level, the repo rate is at its highest since August 2019

Monetary policy: Negative interest rates are a matter of concern, says RBI

With regard to repo rate actions, if you look at other central banks, 50 bps has become the new normal. And, quite a number of central banks are hiking rates by 75-100 basis points: Shaktikanta Das

Time for measured RBI monetary policy moves: What prompted the rate hike

The MPC maintained its hawkish stance, raising the rate to a three-year high

RBI stays hawkish in fight against inflation; MPC reverses Covid-era cuts

RBI hikes repo rate by 50 bps, keeps FY23 inflation, growth forecasts at 6.7% & 7.2%; home loan rates set to exceed 8%

RBI Monetary Policy 2022: RBI MPC, Key points, changes, Repo Rate history

RBI surges repo rate by 50 bps to 5.4%; 10-year-old bond yields up by 10 bps to 7.25%. Here are all the key points and changes in RBI MPC in August 2022 you need to know.