Tag: Monetary Policy
RBI Holds Repo Rate At 6% In First Policy Review Of Fiscal
The RBI on Thursday maintained status quo on its key short-term lending rate at 6 per cent at its first bi-monthly monetary policy review of the new fiscal, in line with what was being widely expected.....
RBI Announces Fresh Rs 50K Crore Auction Under G-sec Acquisition Programme 2.0
RBI on Friday announced that it will conduct two more auctions of Rs 25,000 crore each for open market purchase of government securities under G-sec Acquisition Programme (G-SAP 2.0). ....
RBI Reschedules MPC Meet As Maharashtra Shut On Lata Mangeshkar's Death
The Reserve Bank of India (RBI) postponed its Monetary Policy Committee's meeting to Tuesday as the Maharashtra government declared a public holiday on Monday to mourn the demise of melody queen Lata Mangeshkar. ....
RBI Retains Repo Rate At 6.5%, Inflation Projected At 5.4%
As predicted by economists, the Reserve Bank of India's Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent.....
Moody's Upgrades India's Sovereign Rating
US credit rating agency Moody's on Friday upgraded India's sovereign rating to Baa2 from its lowest investment grade of Baa, while changing the outlook for the country's rating to stable from positive, and said its was based on the Indian government's "wide-ranging programme of economic and institutional reforms".....
RBI Hikes Key Lending Rate By 25 Basis Points To 6.5%
The Reserve Bank of India (RBI) on Wednesday raised its key benchmark lending rate by 25 basis point to 6.5 per cent in its third monetary policy review of 2018-19.....
RBI Keeps Policy Rate Intact; Stance Unchanged
In its penultimate monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Wednesday kept its key lending rate for commercial banks unchanged at 6.5 per cent for the second time in succession.....
RBI Cuts GDP Forecast To 5% In FY20; Sees Early Revival Signs
With the second quarter GDP slipping to a six-year low of 4.5 per cent and expected to remain muted, the Reserve Bank of India (RBI) on Thursday cut GDP growth forecast for the current fiscal to 5 per cent.....
RBI Raises Retail Inflation Estimate For FY22 To 5.7%
The Reserve Bank of India (RBI) has raised the retail inflation projection for the ongoing financial year to 5.7 per cent from the previous estimate of 5.1 per cent. ....
RBI Monetary Policy 2021: Repo Rate, Reverse Repo Rate Remain Same, 'local Lockdowns Could Hit Demand'
To support a faster economic recovery amid the surge in Covid-19 cases, the Reserve Bank retained its key short-term lending rates along with the growth-oriented accommodative stance during the first monetary policy review of FY22. ....
