'Initiative will ensure that vital information reaches people in a simple, direct, and effective manner,' says central bank
With the latest decision, EMIs are expected to come down, especially for those with repo-linked home loans
Inflation outlook for India improves on sharp decline in food prices and record wheat and pulse production
The committee had changed the stance to neutral in October from withdrawal of accommodation
RBI's MPC begins 3-day meet from April 7; decision on repo rate to be announced April 9. Markets expect 25 bps cut amid easing inflation, global concerns
In February, the RBI's six-member monetary policy committee delivered its first rate cut since May 2020 amid a slowdown in the economy, which is expected to have expanded 6.5 per cent in fiscal 2025
India Vix slips 10% as talk of easing tariffs and RBI rate relief lift mood
RBI is very selective about granting PD licences. If granted, Shriram Finance will be one of the first non-bank entities to receive a PD licence in recent times
The Economic Survey has projected economic growth at 6.3-6.8 per cent for FY26 against 6.5 per cent for FY25, as pegged by the second advance estimates
To start with, growth and inflation forecasts will be in focus as the RBI will also publish their Monetary Policy Report (MPR) along with the MPC statement
Loan growth is expected to have further slowed down amid low demand in certain secured products, stress in the unsecured segment, and a high CD ratio across the system
The one-year OIS rate stands around 5.88%, its lowest level since May 2022, while the five-year rate is around 5.71%, its lowest since February 2022
Also, focus will be on liquidity-related measures to boost transmission of policy rates to bank lending and deposit rates
The US has proposed a 26 per cent reciprocal tariff on India, which will take effect from April 9
In July last year, the RBI had issued the draft, and based on the feedback received from the public and subsequent further consultations with various stakeholders
The RBI said that all banknotes in the denomination of ₹500 in the Mahatma Gandhi (New) Series and ₹10 issued in the past will continue to be legal tender
IndusInd disclosed in March accounting discrepancies in its derivatives portfolio whose impact roughly equated to an entire quarter's profits
RBI has moved liquidity into the surplus side from a deficit four months ago, and some experts feel it may be preparing for monetary transmission before it cuts the repo rate again next week
The 14-day variable rate repo, or reverse repo, has been the RBI's main cash management tool since a change in 2020 that was intended to reduce lenders' reliance on the central bank
India's economy is forecast to grow by 6.7 per cent in the current financial year, according to the central bank's estimate released in February