Mpc Minutes

No systematic bias in inflation forecasts, asserts RBI dy guv Poonam Gupta

RBI Deputy Governor Poonam Gupta said MPC inflation and growth forecasts show no directional bias and outlined the central bank's multi-model forecasting approach

Lending cap on large corporations lifted as RBI scraps 2016 circular

RBI has withdrawn its 2016 system-wide cap on lending to large corporates citing reduced risks, while large exposure limits for individual banks will remain in force

RBI October MPC rate decision today: Here are 5 things you should know

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

RBI's growth outlook is optimistic amid global concerns; see 50bps more cut

We expect the GDP growth to print at 6.2 per cent in FY26, marginally below the 6.3 per cent projected by us for FY25, said Aditi Nayar of Icra

MPC minutes: Rate cut appropriate monetary policy response, opined RBI Guv

Reserve Bank Governor Sanjay Malhotra opined that rate reduction was an appropriate monetary policy response at this juncture citing movement of inflation towards the central bank's 4 per cent target, said the MPC meeting minutes released on Friday. Malhotra, along with five other members of the Monetary Policy Committee (MPC) had voted for a 25 basis points reduction in the short-term lending rate (repo) to 6.25 per cent. The RBI at its meeting held from February 5 to 7 effected the rate cut after a gap of five years. "Given the macroeconomic outlook when inflation is expected to align with the target, and recognising that monetary policy is forward-looking, I view a lower policy rate to be more appropriate at the current juncture," Malhotra said, according to the minutes. Chairing his first MPC meeting, he had also pointed out that rising uncertainties on global financial markets and trade policy front, coupled with continuing risk of adverse weather events pose risks to the ...

RBI MPC highlights: Last mile of our journey towards 4% inflation target is sticky, says Governor

RBI MPC Meeting highlights: RBI Monetary Policy Committee (MPC) kept the repo rate unchanged at 6.5% for the eight consecutive time and will continue with its stance of 'withdrawal of accommodation.'

RBI press conference LIVE: It is supervisory action on Paytm, says Guv Das

RBI MPC Meeting Live Updates: RBI's MPC which began on February 6 has concluded today. The Central bank's MPC has decided to keep the repo rate unchanged at 6.5%. Catch all updates here

RBI's MPC to closely monitor food price spike to gauge inflation impact

The MPC, which has three members from the central bank and three external members, kept the repo rate unchanged at 6.50% in an unanimous decision

T-bills demand softer than previous week on caution ahead of MPC outcome

Meanwhile, government bond yields inched up slightly, tracking a rise in US Treasury yields

RBI governor Das says job half done as MPC focuses on 4% inflation target

External members, however, point out high real rate, minutes show

Global uncertainty complicates fight against inflation: RBI Dy Governor

The continuing global uncertainity has complicated the fight against inflation, opined Reserve Bank Deputy Governor Michael Debabrata Patra during the Monetary Policy Committee meeting held on February 8. According to the minutes of the MPC meeting released on Wednesday, RBI Governor Shaktikanta Das also mentioned that there is considerable uncertainty due to a host of global factors such as rising non-oil commodity prices. The RBI on February 8 hiked the key short-term lending rate by 25 basis points to 6.5 per cent, citing sticky core inflation. It was the sixth interest rate hike by the Reserve Bank of India (RBI) since May last year, taking the total quantum of increase to 250 basis points. "The fight against inflation is complicated by the global outlook. There is some consensus growing around a milder slowdown than earlier feared, although geographical disparities complicate the prognosis. Be that as it may, the outlook for global inflation is turning more uncertain than ...

India to face export shocks from global recession: BFSI economists' panel

While two of the eminent panelists - Ghosh and Nayar - said they expect a pause in the monetary cycle by the MPC, Chakraborty, Sagar, and Kapoor said the MPC could still hike by 25-50 basis points

MPC members voice different views on interest rate and stance: RBI minutes

Governor Das said due to persistent core inflation, there is no room for complacency and the battle against inflation is not over

RBI governor Shaktikanta Das against pausing rate hikes: MPC minutes

MPC minutes show Das saying that in a tightening cycle, especially in a world of high uncertainty, giving out explicit forward guidance on the future path of monetary policy would be counterproductive

Bond yields ease as MPC minutes hint at slower interest rate hikes

1-year bond yield logs the sharpest fall in two-and-a-half months

Sharp differences among MPC members on future interest rate hikes

The next review of the monetary policy committee is scheduled on December 5-7

RBI's repo rate hike was necessary to combat inflation risks: MPC minutes

The MPC is of the view that further calibrated monetary policy action is warranted to keep inflation expectations anchored

Worst of inflation may be behind us, RBI staff say in July 2022 Bulletin

According to the July Bulletin article, the current level of reserves were equivalent to 9.5 months of imports projected for 2022-23

Don't think today's situation calls for negative real rates: Jayanth Varma

Either inflation has to come down on its own or we will have to raise the rate, or it will be a combination of the two, says MPC member Varma

Top headlines: CBI books DHFL's Wadhawans; Das flags inflation as concern

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