ECB officials have largely indicated that - after eight interest-rate cuts in a year - they are happy with current policy settings, though some are still saying further cuts shouldn't be excluded
RBI has kept the policy rate unchanged in the last two meeting
Hansda, who recently returned from the IMF after serving as Senior Advisor, will head RBI's Department of Economic and Policy Research from March 2025
BMI added that the central bank's growth and inflation forecasts for FY26 are too high, pointing to it as one of the main reasons behind the possible cuts
RBI Oct MPC meet 2025: The MPC retained the repo rate at 5.5 per cent, increased the growth estimate and revised the inflation forecast for FY26 downward to 2.6 per cent
RBI Oct MPC meet 2025: During its August meeting, the MPC retained the repo rate at 5.5 per cent after slashing it by 100 bps in three consecutive cuts since February
After slashing repo rates for three consecutive months since February, the MPC kept the rate unchanged at 5.5 per cent in August
A VRR auction is a monetary tool used by the central bank to inject short-term liquidity into the banking system, offering funds to banks at rates determined by market demand
Federal Reserve Chair Jerome Powell cut rates by 25 bps but left investors uncertain on future easing, citing inflation risks as markets priced in deeper reductions
Despite a 1 percentage point rate cut, bond yields have been rising, and the spread between government securities and SDL as well as corporate papers is widening
Economists back headline CPI as India's inflation target, stressing food's heavy weight in consumption and urging RBI to retain the 4% benchmark with the current tolerance band
The trend-inflation rate has hovered close to the target, except mostly in times of excess volatility, and the credibility of the central bank has visibly strengthened
RBI has launched a discussion paper to review its inflation targeting framework, focusing on the core vs headline inflation debate, the 4% target, and tolerance band before next review in March 2026
RBI's overnight VRR auction received Rs 31,025 crore bids against Rs 50,000 crore notified as surplus liquidity stayed high despite upcoming tax outflows
The Reserve Bank of India’s rate-setting committee unanimously decided to keep the key repo rate steady at 5.5%. The central bank also maintained a neutral policy stance.
Banks have started passing on the 100-basis point repo rate cut by the Reserve Bank of India over the past three policy meetings
With the rise in inflation from the fourth quarter, possibility of another rate cut uncertain, unless growth plays spoilsport
The RBI governor said that the government policies have helped boost the use of UPI among consumers. Malhotra added that UPI transactions have been increasing in the past few months
Banks will be setting up camps at the Panchayat-level from July 1 to September 30, to provide re-KYC services at consumers' doorsteps
RBI keeps repo rate unchanged at 5.5% and neutral stance, citing tariff uncertainties, trims FY26 inflation forecast to 3.1%, keeps growth projection steady at 6.5%