Interview with Urjit Patel and other top officials
Clearly, RBI does not want to act in a knee-jerk manner in response to the sub-6% GDP out-turn in April-June
As it is 'stuck in a conundrum' of low growth, mild inflation and global uncertainties
The decision of the monetary policy committee is consistent with the neutral stance
RBI governor and deputy governor on RBI rate cut policy
RBI cut the repo rate by 25 basis points to 6%
The revision in rate is the second cut after MPC became operational in October 2016
Arun Jaitley says final figures will come out once the fake notes were weeded out
That's well below RBI's 4% target and its projection of 2.0-3.5 per cent in April-September
But five of 14 economists say they expect RBI to hit the 'pause' button
Deutsche Bank's Kaushik Das says the central bank would remain in a wait-and-watch mode
Here are the highlights of the policy statement presented on 7 June and last six preceding
Slowdown in GDP due to deceleration in capital formation in Q4, says the central bank
MPC members unanimously declined to meet Finance Ministry officials, said Urjit Patel
Central bank could revise inflation forecast downward; growth forecast could be revised too
Surplus not to push inflation up, says deputy governor Viral Acharya
ReiTs and InVITs typically offer higher yields but they carry higher risks as well
Real estate index climbs 2% as experts say instrument could become a reality soon
Quotable quotes from RBI governor and his deputies at the monetary policy press conference
RBI kept repo rate unchanged at 6.25% as widely expected, raises reverse repo to 6%