The country's largest private-sector lender increased lending benchmarks across tenors, with the sharpest rise in the two-year MCLR despite an unchanged policy rate
RBI's commentary on inflation 'opens the door for rate hikes in the next meeting' in August, according to Pranjul Bhandari, chief India economist at HSBC Holdings Plc
The decision to hold rates was unanimous. The MPC also retained the neutral stance on policy
A rate hike does not appear to be the RBI's preferred course of action at this stage, said Nitin Bhasin, head, institutional equities, Ambit
While immediate forex inflows are not anticipated from the above measures, they are likely to arrest the recent capital outflows and foster improved market sentiment
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
Repo rate pause keeps home loan EMIs steady as RBI balances inflation risks and growth concerns amid global uncertainty
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 held the repo rate at 5.25 per cent for a third straight review, raising its inflation forecast while warning of risks from the prolonged West Asia conflict
While a majority of economists expect the central bank to keep rates unchanged, some market indicators like overnight indexed swaps are already pricing in a rate hike
Inflation pressures triggered by an energy price shock means the RBI will likely adopt a hawkish stance and prepare markets for potential rate hikes later this year, economists have said
The Reserve Bank of India's monetary policy committee will decide on the repo rate and announce inflation projections as well on June 5
Today's Opinion highlights the RBI's policy choices, soaring IPL franchise valuations, fiscal challenges, climate targets and a timely examination of contemporary China
Economists expect the RBI to keep rates unchanged and rely on intervention and regulatory measures to manage rupee volatility while maintaining focus on inflation
The Reserve Bank of India (RBI) is likely to keep the benchmark repo rate unchanged in the June monetary policy review, according to a PTI poll of economists and treasury heads. Most of the respondents expect the central bank to resume policy tightening later in FY27 amid mounting inflation risks. Of the respondents surveyed, 11 expect the Monetary Policy Committee (MPC) to maintain the status quo on rates in the upcoming policy to be announced on Friday, while four foresee a 0.25 per cent hike. "Pause because headline inflation remains below the 4 per cent target. The RBI has policy space to wait to see the second round impact on inflation from the fuel price hike. Flexible inflation target provides policy space to look through the first round impact of supply side shocks," said Gaura Sengupta, economist at IDFC First Bank. The MPC will meet between June 3 and June 5 to decide on the policy rates. The central bank has reduced the repo rate by 1.25 per cent since last year to aid .
Inflation will rise in the second half of the year. Growth, too, will falter. It's time to explore other options
The domestic rate-setting panel cut the policy repo rate by a cumulative 125 basis points in 2025 and it was on hold in the February and April policies
A credible framework requires credible measures of price expectations