Page 2 - Mpc Minutes

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

Missing inflation mandate is a possibility: RBI's MPC member Jayanth Varma

'The markets should not assume we will guide them, because the data is coming without warning', said Varma

Russia-Ukraine conflict can hurt growth prospects too: MPC minutes

Policy making has to be nuanced and nimble, says RBI governor Shaktikanta Das

Uneven economic recovery nudged MPC to continue policy support: Minutes

The six-member MPC voted to keep the policy rate unchanged and continued with the accommodative stance at its meeting on February 10

MPC minutes: Omicron may derail ongoing demand recovery, says RBI Governor

'Need to remain vigilant to incipient cost-push pressures to inflation as well as to uncertainty imparted by Omicron. Its implication for inflation, going forward, are two-fold,' says Shaktikanta Das

MPC member Varma the only one to favour raising reverse repo rate

His was the lone dissenting voice against a continued "accommodative" stance, minutes of the August 4-6 meetings showed

MPC in 2 minutes: Here're the key development and regulatory steps

RBI extended the on-tap targeted long term repo operations (TLTRO) scheme till December 31

Covid-19 second wave single biggest challenge to recovery: RBI Governor Das

MPC minutes show one member saw little merit in continuing with central bank's forward guidance

Top headlines: RBI warns about 2nd Covid wave; Kerala sees record cases

UAE bans travel from India over Covid, BP, Infosys collaborate to reduce emissions in campuses, and other pandemic-related news across the globe

MPC: Covid surge biggest challenge to ongoing economic recovery, says Das

The RBI governor also said that global financial markets have turned volatile over inflation fears in advanced economies and rising commodity prices, posing risks to the domestic outlook

MPC minutes: Unwinding high indirect taxes on fuel critical, says Das

Fall in inflation gives MPC room to continue to support growth in economy

MPC members dive deep on low rates, excess liquidity and sticky inflation

These issues weren't discussed in such details in policy statement, or in post-policy press conference, even when the members seemingly unanimously voted to keep policy rate unchanged at 4%

Policy to remain accommodative despite inflationary pressure: MPC minutes

The Reserve Bank of India left interest rates unchanged at that meeting two weeks ago, as expected.

MPC minutes show panel's hawkish turn on inflation, sovereign bonds decline

The yield on the new 5.77% 2030 bond rose five basis points to 6%, after gaining 18 basis points in the previous two weeks

RBI governor for judicious use of monetary action in future: MPC minutes

After a three-day brainstorming earlier this month, all the six members of the Das-headed Monetary Policy Committee (MPC) had opted for a status quo and left interest rates unchanged

RBI monetary policy committee torn between growth concerns, inflation fears

The MPC is mandated to keep inflation in a range of between 2% and 6% and recent data showed the retail inflation rate in January climbing to a more than six-year high of 7.59%

RBI MPC minutes: Rising inflation, lack of rate transmission led to pause

Members will look for growth initiatives in Union Budget

MPC minutes: RBI may have lost its only dove as talk of rate hike swirls

MPC member Patra voted for rate hike due to inflation outlook

MPC minutes: Bleak chances of rate cuts in Dec, says Nomura

MPC member Ravindra Dholakia and Michael Patra of the central bank are likely to continue to vote for a cut