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monetary policy

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RBI governor Shaktikanta Das.RBI (File Photo)

Policy rates to remain unchanged? RBI governor Das to announce at 10am

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.
The RBI may also keep a close eye on the upside risks to inflation.(REUTERS)
The RBI may also keep a close eye on the upside risks to inflation.(REUTERS)

Central bank may keep policy rate 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.
RBI has already cut its key interest rate by a total 115 basis points since March 2020 to revive growth and cushion the impact of the Covid-19 pandemic(MINT_PRINT)
RBI has already cut its key interest rate by a total 115 basis points since March 2020 to revive growth and cushion the impact of the Covid-19 pandemic(MINT_PRINT)

Indian shares pull back from record highs as RBI leaves rates steady

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.
RBI governor Shaktikanta Das (REUTERS/Francis Mascarenhas/File photo)
RBI governor Shaktikanta Das (REUTERS/Francis Mascarenhas/File photo)

RBI Monetary Policy 2020: PMI for September 2020 highest since January 2012, says RBI governor

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.
Reserve Bank of India (PTI Photo/Mitesh Bhuvad)(PTI Photo)
Reserve Bank of India (PTI Photo/Mitesh Bhuvad)(PTI Photo)

RBI finally realises it is bigger than its policy rate-setting committee

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.
Reserve Bank Governor Shaktikanta Das on Friday called for structural reforms and more fiscal measures to revive consumption demand and the overall growth(Bloomberg)
Reserve Bank Governor Shaktikanta Das on Friday called for structural reforms and more fiscal measures to revive consumption demand and the overall growth(Bloomberg)

Budget 2020: Shaktikanta Das bats for more structural reforms to revive growth ahead of budget

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.
RBI Governor Shaktikanta Das .(HT Photo)
RBI Governor Shaktikanta Das .(HT Photo)

RBI governor says time other banks linked loans, deposits to repo rate

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.
The Indian economy badly needs a policy stimulus to come out of its present deceleration. To be sure, the monetary policy arm of the government has been trying to provide this stimulus. The Reserve Bank of India has already cut policy rates thrice in 2019(REUTERS)
The Indian economy badly needs a policy stimulus to come out of its present deceleration. To be sure, the monetary policy arm of the government has been trying to provide this stimulus. The Reserve Bank of India has already cut policy rates thrice in 2019(REUTERS)

Rate cuts haven’t work

Hindustan Times | By HT Correspondent
PUBLISHED ON AUG 01, 2019 07:59 PM IST
To stem the slowdown, policies must focus on reviving demand
Finance minister Arun Jaitley addresses a meeting via video conferencing at North Block, in New Delhi.(AP File Photo)
Finance minister Arun Jaitley addresses a meeting via video conferencing at North Block, in New Delhi.(AP File Photo)

RBI chief Urjit Patel to meet Arun Jaitley today as rift with govt appears to widen

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.
A tight monetary (higher interest rates) and fiscal (not cutting petroleum taxes) policy will probably help the rupee and keep the fiscal deficit under control.(REUTERS)
A tight monetary (higher interest rates) and fiscal (not cutting petroleum taxes) policy will probably help the rupee and keep the fiscal deficit under control.(REUTERS)

RBI survey shows a tight monetary-fiscal policy might boost anti-incumbency

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.
RBI Governor Urjit Patel, at the RBI headquarters after the announcement of a 0.25% rate hike by the central bank, in Mumbai on Wednesday, June 06.(PTI Photo)
RBI Governor Urjit Patel, at the RBI headquarters after the announcement of a 0.25% rate hike by the central bank, in Mumbai on Wednesday, June 06.(PTI Photo)

RBI decision to hike interest rates was an ‘appropriate step’: IMF

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.
An RBI release said the decision of the MPC, led by RBI governor Urjit Patel, was consistent with its neutral monetary policy stance.(Pradeep Gaur/Mint)
An RBI release said the decision of the MPC, led by RBI governor Urjit Patel, was consistent with its neutral monetary policy stance.(Pradeep Gaur/Mint)

RBI hikes repo rate for the first time in four years, loans to cost more

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.
Wednesday’s RBI meeting comes one week before a Fed policy session that’s expected to increase US rates again.(Pradeep Gaur/Mint)
Wednesday’s RBI meeting comes one week before a Fed policy session that’s expected to increase US rates again.(Pradeep Gaur/Mint)

RBI monetary policy review begins today: It’s a choice between a rate hike now and August

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.
The Bombay Stock Exchange (BSE) logo is displayed in front of a bronze bull statue at the Bombay Stock Exchange in Mumbai.(Dhiraj Singh/Bloomberg)
The Bombay Stock Exchange (BSE) logo is displayed in front of a bronze bull statue at the Bombay Stock Exchange in Mumbai.(Dhiraj Singh/Bloomberg)

Sensex slumps 215 points as RBI begins monetary policy review

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.
A security personnel member stands guard at the entrance of the Reserve Bank of India (RBI) headquarters in Mumbai.(REUTERS File Photo)
A security personnel member stands guard at the entrance of the Reserve Bank of India (RBI) headquarters in Mumbai.(REUTERS File Photo)

RBI monetary policy appears set to tighten as interest rate cycle begins to turn

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.
At the April 4-5 policy meeting, Deputy Governor Viral Acharya said there was a revival in investment activity and an improvement in capacity utilisation, which boded well for the economy.(Hemant Mishra/Mint)
At the April 4-5 policy meeting, Deputy Governor Viral Acharya said there was a revival in investment activity and an improvement in capacity utilisation, which boded well for the economy.(Hemant Mishra/Mint)

RBI deputy governor suggests monetary policy may turn hawkish, hike rates

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.”
RBI said it expects that overall food inflation should remain under check on the assumption of a normal monsoon and effective supply management by the government.(AFP Photo)
RBI said it expects that overall food inflation should remain under check on the assumption of a normal monsoon and effective supply management by the government.(AFP Photo)

Monetary policy: RBI lowers inflation target for first half of FY19

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.
The Reserve Bank of India headquarters in Mumbai.(HT File Photo)
The Reserve Bank of India headquarters in Mumbai.(HT File Photo)

Monetary policy: RBI keeps repo rate unchanged at 6%, maintains ‘neutral’ stance

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%.
Union finance minister Arun Jaitley and Jayant Sinha, MOS. arrive at Parliament House to present General Budget in New Delhi.(Mohammed Zakir/ HT Photo)
Union finance minister Arun Jaitley and Jayant Sinha, MOS. arrive at Parliament House to present General Budget in New Delhi.(Mohammed Zakir/ HT Photo)

Monetary policy to get statutory backing with RBI Act amendment

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.
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