By hindustantimes.com | Written by Karan Manral, New Delhi
UPDATED ON JUN 04, 2021 07:30 AM IST
If the repo rate and reverse repo rate are retained at 4% and 3.35% respectively, this would be the sixth consecutive time that these would have been left unchanged.
By Gopika Gopakumar, Hindustan Times, Mumbai
PUBLISHED ON MAY 31, 2021 07:03 AM IST
- Alongside, market experts said the RBI is also expected to revise gross domestic product (GDP) numbers while extending its government securities acquisition programme, or GSAP, announced in April.
Reuters | , Bengaluru
PUBLISHED ON FEB 05, 2021 12:27 PM IST
- The Reserve Bank of India kept rates steady, as widely expected, and reiterated that it will continue to support the recovering economy by ensuring ample rupee liquidity in the banking system.
Hindustan Times, New Delhi | By hindustantimes.com | Edited by Karan Manral
UPDATED ON OCT 09, 2020 11:14 AM IST
RBI Monetary Policy 2020: In its previous monetary policy review, on August 6, the RBI had kept the repo rate and reverse repo rate unchanged at 4% and 3.35% respectively.
Livemint, Mumbai | By Aparna Iyer
UPDATED ON FEB 07, 2020 06:17 PM IST
RBI has made it easier for banks to increase lending to housing, auto and small businesses by reducing cost through a waive off on CRR.It also guaranteed long term liquidity of up to ₹1 trillion at a cheap price via long term repos of 1-year and 3-year to banks.
Mumbai | By Press Trust of India
UPDATED ON JAN 24, 2020 08:31 PM IST
Budget 2020: The Narendra Modi government in its second term will present the first full budget next Saturday, at a time when the advance estimate of GDP has projected nominal growth plunging to a 48-year-low of 7.5 per cent and real growth hitting an 11-year low of 5 per cent or thereabout.
Mumbai | By Press Trust of India
UPDATED ON AUG 19, 2019 12:56 PM IST
The move to link loans and deposits pricing to the repo rate comes even as the Reserve Bank has decided not to push banks for this, considering their poor finances.
Hindustan Times | By HT Correspondent
PUBLISHED ON AUG 01, 2019 07:59 PM IST
To stem the slowdown, policies must focus on reviving demand
Bloomberg | By Vrishti Beniwal and Anirban Nag
UPDATED ON OCT 30, 2018 11:30 AM IST
Finance minister Jaitley will chair a meeting on Tuesday of the Financial Stability and Development Council, which governor Urjit Patel is scheduled to attend.
Hindustan Times, New Delhi | By Roshan Kishore
UPDATED ON OCT 13, 2018 07:30 AM IST
In a highly unequal and largely informal economy such as India’s, economic policy-making is mostly about balancing voter and market sentiment.
Press Trust of India, Washington | By Press Trust of India
UPDATED ON JUN 08, 2018 01:02 PM IST
In the context of rising inflation and additional upside risks due to higher oil prices, exchange rate depreciation and other domestic factors, the IMF thinks that this was an appropriate step by the RBI, said the spokesman for IMF.
Hindustan Times, New Delhi | By Alisha Sachdev
UPDATED ON JUN 07, 2018 10:22 AM IST
The RBI monetary policy committee (MPC) voted unanimously to raise the central bank’s repo rate by 25 basis points to 6.25% in its second bi-monthly monetary policy review of FY19.
Reuters | By Reuters
UPDATED ON JUN 04, 2018 01:25 PM IST
The RBI’s bi-monthly monetary policy meet begins on Monday, and will go on till Wednesday, June 6, when a decision on the key lending rate of the central bank will be announced.
Press Trust of India, Mumbai | By Press Trust of India
UPDATED ON JUN 04, 2018 04:06 PM IST
The BSE Sensex ended at 35,011.89, down 215.37 points or 0.61%. The broader NSE Nifty too ended lower by 67.70 points, or 0.63%, at 10,628.50.
Bloomberg | By Subhadip Sircar
PUBLISHED ON MAY 30, 2018 07:03 PM IST
A surprising hawkish tilt revealed in its April policy minutes and the recent spike in oil has boosted speculation the RBI Monetary Policy Committee may lift rates at its June 6 meeting.
Bloomberg | By Anirban Nag
UPDATED ON APR 20, 2018 12:40 PM IST
Viral Acharya said he was switching from a neutral stance to shift “decisively to vote for a beginning of ‘withdrawal of accommodation’ in the next monetary policy meeting in June.”
Press Trust of India, Mumbai | By HT Correspondent
PUBLISHED ON APR 05, 2018 04:02 PM IST
“With the sharp moderation in food prices in February-March, the inflation trajectory in H1 FY 2018-19 is expected to be lower than the projection in the February statement, despite a likely reversal in food prices in H1,” the April monetary policy statement said.
New Delhi | By Press Trust of India
UPDATED ON APR 05, 2018 03:01 PM IST
The repo rate, at which the central bank lends short-term money to other banks, will continue to be 6%. The reverse repo, rate at which it borrows from banks and absorbs excess liquidity, will remain at 5.75%.
Hindustan Times | By HT Correspondent, New Delhi
UPDATED ON SEP 28, 2018 11:25 PM IST
Finance minister Arun Jaitley on Monday said the RBI Act, 1934 will be amended to give a statutory basis to the monetary policy framework.