RBI Monetary Policy: With the Union Budget for FY-2026 behind us, the focus now shifts to the next big event on the horizon - the Monetary Policy Committee's (MPC) final meeting for FY-2025 on Feb 7
The domestic rate-setting panel has kept the policy repo rate unchanged for the last 11 consecutive meetings after raising it by 250 bps between May 2022 and February 2023
The Indian stock market bounced back today, on January 28 after hitting a 7-month low in yesterday’s session.
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India's foreign exchange reserves have declined by $50 billion this quarter as of December 13, according to the latest RBI data
Analysts believe the largely expected adjustment is a bid by the Fed to nudge cash out of a facility that's widely viewed as a proxy for excessive liquidity in the financial system
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Interest rates likely to stay the same for now, but lenders may still adjust terms based on their considerations
Reserve Bank of India Monetary Policy Committee: Food prices likely to keep headline inflation up in the near future
The RBI is expected to revise its growth forecast for the financial year 2024-25 following low Q2 GDP figures
Patra said that under heightened uncertainty, discretion in forward guidance has increasingly gained legitimacy among major central banks
RBI's Monetary Policy Committee has kept the repo rate at 6.5% since February 2023. Retail inflation hit a 14-month high in October
The Reserve Bank of India (RBI) has once again kept the repo rate unchanged at 6.5% during its October 9 meeting. This marks the tenth consecutive time it has held the rate steady.
Inflation held below the RBI's medium-term target of 4.0 for a second month in August
The FOMC meeting is widely expected to see policy rates reduced by 25 or 50 bps, but investors will also be looking at the Fed's commentary to determine the frequency and quantum of future rate cuts
Monday's reverse repo operation was meant to "keep month-end banking system liquidity conditions reasonably ample," the central bank said in an online statement.
The latest increase in MCLR by SBI comes days after the RBI left the repo rate unchanged at 6.5 per cent
The RBI MPC has also decided to keep its stance of 'withdrawal of accommodation' unchanged with a majority of 4-2
Monetary policy stance retained at 'withdrawal of accommodation' to aid the MPC's focus on bringing inflation towards the target
An external member of the MPC highlighted that India's economic growth is below potential, with weak consumption contributing to the slowdown