Page 17 - Monetary Policy Committee

MPC members indicate more rate hikes to tackle rising inflation

The rate-setting committee has increased the policy repo rate by 90 basis points in May and June, to 4.9 per cent

RBI aim is to not have over-tightening or over-stimulus: MPC's Ashima Goyal

Central bank has to target inflation but with 'awareness of nuances',' she says in interview.

Big rate hikes to be the global norm as inflation remains a challenge

With no end in sight to Russia's invasion of Ukraine, commodity prices remain elevated and supply chains remain disrupted

MPC minutes flag inflation worry; aim to bring CPI within target band by Q4

CPI inflation was 7.04% in May. In its June policy review, the MPC raised repo rate by 50 bps to 4.9%, taking the total tally of rate hikes since May to 90 bps

How does MPC function and what is its mandate?

In India, RBI's Monetary Policy Committee had raised the repo rate by 50 basis points early this month. But ever wondered who all are part of this committee and what is its mandate? Let us find out.

Defer, reschedule or switch loan if EMIs have increased: Experts

Here are four ways to deal with a rising EMI burden, all of which will, however, require hard negotiations with the lender

Targeting 'soft landing' for economy: RBI governor Shaktikanta Das

He countered arguments that the central bank should have acted early to tackle the price rise and that it was behind the curve

WPI inflation in May accelerates to 15.88% on higher food prices

The latest figure also makes it historically the highest in 31 years since September 1991 (16.31 per cent)

SBI joins industry trend, hikes interest rates on retail and bulk deposits

The hike in deposit rates follows the rate action by Reserve Bank of India's (RBI) Monetary Policy Committee in the June monetary policy

RBI policy effect: Loans to get more expensive as banks hike lending rates

ICICI, BoB take the lead; Kotak Bank ups deposit rates

RBI's rate hike to push up costs: Realty, capital goods companies

Ramani Sastri, chairman and managing director (MD) of real estate firm Sterling Developers, said interest rates impact the cost of doing business

'We expect a hike in deposit rates', says RBI Governor Shaktikanta Das

'With regard to breaching the inflation target framework, we will deal with it as and when the situation arises'

Policy signals calibrated tightening

During the gradual transition to a neutral stance, maybe over the next couple of months, liquidity management will play an important role in transitioning the WACR closer to the repo rate

RBI allows credit cards to be linked to UPI; marks shift from 'pay now'

Initially, home-grown card network Rupay Credit cards will be linked with UPI

RBI ups limits on housing loans from co-op banks, backs affordable housing

The RBI monetary policy committee, in its policy review, decided to permit the rural cooperative banks (RCBs) to finance residential real estate projects

RBI raises repo rate by 50 bps to tame prices; pegs FY23 GDP growth at 7.2%

The repo rate before the pandemic came was 5.15%

Macroeconomic adjustment

Risks for growth and asset prices have increased

RBI policy: From rate hike to inflation worries, here are 5 key takeaways

The RBI governor announced a second consecutive hike in policy rates and highlighted geopolitical risks. Here are the highlights.

RBI Monetary Policy meet: Here's what transpired in the last 8 meetings

The Central bank's MPC meet comes in the backdrop of high inflationary concerns and evolving geo-political scenarios, including Russia's invasion of Ukraine

Yields on state govt bonds harden ahead of RBI policy announcement

Bond dealers said the hike in yields on state government paper was in line with the increase across the board - treasury bills, Government of India (GoI) bonds, and corporate paper