The June monetary policy is a bold statement that addresses the present macro concerns even while striving to keep the resilient growth of the economy intact, says VK Vijayakumar
Bajaj Finance, Shriram Finance, Cholamandalam Investment, REC and Power Finance Corporation were up between 2.5 per cent 4 per cent in intra-day deals on Friday.
FIIs are subjected to a 12.5 per cent LTCG on listed shares and bonds held for over 12-months, and a 20 per cent withholding tax on interest from government bonds
Keeping rates on hold, the RBI flagged concerns over fuel-led inflation, supply-chain disruptions and a weak monsoon while projecting GDP growth of 6.6 per cent for FY27
RBI MPC June: The policy committee kept the repo rate unchanged at 5.25 per cent, and the committee maintained its 'neutral' stance
RBI MPC June meeting: In its policy meeting, which took place between June 3-5, the committee continued with the 'neutral' stance
The Reserve Bank of India's monetary policy committee will decide on the repo rate and announce inflation projections as well on June 5
Inflation will rise in the second half of the year. Growth, too, will falter. It's time to explore other options
After three days of deliberations, the six-member Monetary Policy Committee (MPC), headed by RBI Governor Sanjay Malhotra, will announce its decision on June 5
A credible framework requires credible measures of price expectations
Radhakrishnan said a persistent supply shock accompanied by a weaker currency can negatively impact inflation and fiscal direction, given the likelihood of higher subsidy requirements
RBI MPC member flags adverse shift in growth-inflation balance, warns of rising policy risks amid global uncertainty and persistent inflation expectations
West Asia tensions threaten India's fiscal balance, growth outlook, and external stability, forcing a rethink of macroeconomic assumptions
RBI holds rates and signals a prolonged pause, balancing strong domestic fundamentals against rising global risks and persistent uncertainty
RBI plans to revise board norms to reduce compliance burden and enable bank boards to focus more on strategy and policy, amid feedback from industry stakeholders
Even though external conditions pose a significant risk, the RBI pointed out that the pause was also cushioned by resilient momentum in domestic activity across manufacturing and services
RBI signals policy flexibility amid uncertainty, with stable growth outlook, no rate path commitment, and confidence in inflation control and financial stability
RBI allows NBFCs, corporates and AIFIs to participate in term money market to deepen liquidity, improve price discovery and strengthen policy transmission
While the Iran-US ceasefire has triggered a risk-on rally, amid falling oil prices, and improved investor sentiment, Apruva Sheth writes that the RBI policy will decide long-term trend sustainability
RBI, on Wednesday, kept repo rate unchanged at 5.25% but trimmed FY27 growth outlook. Pankaj Pandey of ICICI Securities explains the policy impact onequity markets, bond yields, and investor strategy