Page 11 - Rbi Monetary Policy

RBI Monetary Policy Committee meet: Check date, time and what to expect

RBI MPC: In a poll conducted by Business Standard, all 10 respondents said that the MPC might maintain the status quo for a sixth consecutive time

Bond traders pin hopes on dovish RBI pivot to extend Budget rally

Indian bonds have rallied over the past three months, fueled by overseas inflows ahead of global index inclusion starting June

Monetary policy: RBI likely to hold rates for sixth time, shows BS poll

Focus on liquidity; few expect neutral stance

Highlights of the day: Delhi airport sees 13 flight diversions on Feb 1

From the delay in train, flight services to the updates about the interim budget 2024, catch all latest news here

Indian economy withstood geopolitical shocks; ready for future challenges

The Indian economy has withstood all geopolitical shocks in the last couple of years and it will also be able to navigate the uncertainties that lie ahead, RBI Monetary Policy Committee (MPC) member Jayanth R Varma said on Sunday. Varma further said he expects a benign outcome in 2024 where inflation comes down and growth remains robust. "The Indian economy has withstood all these shocks ( Russia-Ukraine war, Israel-Hamas war, rising oil prices, Houthi attacks) in the last couple of years, and I do not believe that the geopolitical situation will be significantly worse in coming months than what we experienced in the recent past," he told PTI in an interview. Moreover, Varma, a professor at the Indian Institute of Management, Ahmedabad, said the continued slowdown in China has led to sharply reduced demand for energy and other commodities, and this too has ameliorated the adverse effects of supply shock. "On the whole, I have a great deal of confidence that India will be able to ..

UPI scales new high in December; 2023 value up 59% at Rs 183 trn

Monthly FASTag and IMPS transactions increase too, but those at Aadhaar Enabled Payment System fall

'Cut essential to check high real interest rate', says RBI MPC member

Jayanth Varma, an external member of the RBI's Monetary Policy Committee, has stated that an interest rate cut is required to prevent excessive real interest rates amid changing economic landscape

'Closer to where rates have to be cut to avoid excessive real interest'

Varma says that since monetary policy acts with lags of three to five quarters, rate actions must be based on projected inflation rather than past inflation prints. In an interview with Manojit Saha

MPC members voice concern over food inflation trajectory, show minutes

External members flag high real interest rates

Market outlook 2024: Over to the interim Budget, general elections

The only concern for the markets, analysts say, is whether the cumulative rate hikes executed across the globe would lead to growth slowdown, or will the global economy recover significantly

Over-tightening not an imminent change in our approach: RBI governor Das

Inflation remains a top priority, and a few months of good data should not lead to complacency: Das

Nifty tops 21K on RBI boost; Indices rise amid hopes of better eco growth

The RBI on Friday riased its GDP forecast for the current fiscal to 7 per cent from 6.5 per cent earlier

Households see a rise in inflationary pressures for year ahead: RBI survey

Consumer confidence stable; fairly optimistic about economy, employment, income

Sensex ends 304 pts up, Nifty tests 21,000 as RBI leaves rates untouched

Closing Bell on December 8, 2023: The BSE Sensex touched a high of 69,894, whil the Nifty hit a peak at 21,006. Infosys, HDFC Bank and ICICI Bank were the major movers on Friday.

RBI MPC meet highlights: Inflation is our top priority, says Guv Das

RBI monetary policy: The RBI also decided to maintain its policy stance at "withdrawal of accommodation"

Curtail consumption loans, unsecured loans with undefined end use: RBI DG

Deputy Governor Swaminathan J on Friday said the Reserve Bank wants the lenders to "curtail" consumption loans or unsecured credit, where the end-use is undefined. In the comments, which come within weeks of the RBI raising risk weights on unsecured lending to protect financial stability, Swaminathan clarified that the intent of the RBI is not to deny or ration credit. Replying to a question on whether fears of unsecured loans being used to punt on the equity market led the RBI to put some restrictions on unsecured lending, Governor Shaktikanta Das said the question is "very hypothetical" but admitted that there have been some anecdotal write-ups. " What we would like to curtail and expect the lending institutions to provide for more by way of additional risk weight, is some of those consumption-led segments or unsecured credit which do not have a defined end use," Swaminathan told reporters. He said, if there has been a recalibration of the growth number in such credit which sugge

RBI policy: EMIs won't go up immediately, housing bull run to continue

The RBI has been raising this rate since May 2022 to tackle high inflation. For borrowers, this meant higher interest rates on their loans

RBI MPC: Repo rate kept unchanged at 6.5%, FY24 GDP estimate hiked to 7%

RBI MPC: Reserve Bank's Monetary Policy Committee decides to keep the repo rate unchanged at 6.5% and also keeps the FY24 inflation forecast unchanged at 5.4%

RBI monetary policy announcement: When, where to watch and what to expect?

RBI MPC meeting: The meeting of the six-member committee started on December 6 in Mumbai and will end with the announcement of Governor Shaktikanta Das on December 8

TMS Ep581: Pandemic-preparedness, internet growth, markets, 10,000-yr clock

Is India prepared for the next pandemic? What is holding back India's internet growth? What should you do with rate-sensitive stocks? What is Jeff Bezos' 10,000-year clock? All answers here