RBI Cut Repo Rate: रिजर्व बैंक ऑफ इंडिया की तरफ से बुधवार को रेपो रेट में 25 बेसिस प्वाइंट की कमी का एलान कर उसे 6% करने के फैसले ने रियल एस्टेट सेक्टर में खुशी ला दी है. गवर्नर संजय मल्होत्रा के नेतृत्व में केन्द्रीय बैंक के मॉनेट्री पॉलिसी कमेटी की 7 अप्रैल से चली…
The MPC also decided to change the stance from neutral to accommodative. RBI MPC meeting: The Reserve Bank of India (RBI) governor Sanjay Malhotra announced that the Monetary Policy Committee (MPC) has unanimously decided to cut the key policy repo rate by 25 basis points to 6%. He also said that the GDP growth outlook…
RBI MPC meet: This is the first time in five years that the RBI’s MPC has decided to cut the repo rate. RBI MPC meet: The Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday announced that the Monetary Policy Committee (MPC) has decided to cut the repo rate by 25 basis points. After…
NEW DELHI: The Reserve Bank of India (RBI) is expected to lower policy rates by 50 basis points (bps) in the first half of 2025, according to a report by Jefferies. This follows the central bank’s recent shift towards eased liquidity, and a 50 bps reduction in the cash reserve ratio (CRR) during the last…
MUMBAI: Four of the six Monetary Policy Committee (MPC) members expressed hawkish views on policy easing, making a Feb rate cut dependent on new governor Sanjay Malhotra and his incoming deputy. During the Dec 4-6 meeting, 2 out of 6 members voted for a rate cut, with external members Nagesh Kumar and Ram Singh in…
The Reserve Bank of India has decided to launch podcasts to improve communication and effectively share information of public interest. This podcast continues the many initiatives the apex bank took over the past years to expand its communication toolkit to enhance transparency and facilitate better connections with people. Shaktikanta Das, the RBI governor on Friday…
MUMBAI: Despite growth numbers coming in sharply lower and all-round calls for reduction in interest rates to support growth, the monetary policy committee (MPC) will find reducing rates a challenge.Lower-than-expected Q2 GDP growth numbers at 5.4% have increased pressure on RBI‘s MPC to reduce interest rates even as the expectation of a softer policy led…