Monetary Policy Committee: News
06 Dec 2024
Goldman SachsRBI maintains repo rate at 6.5% amid inflation, growth concerns
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has opted to keep the repo rate unchanged at 6.5% for the 11th consecutive meeting.
09 Oct 2024
Consumer Price Index (CPI)Repo rate unchanged: How it impacts your home loan EMI?
The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% for the 10th consecutive time.
09 Oct 2024
InflationRBI maintains repo rate at 6.5% for 10th consecutive time
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has voted to keep the repo rate unchanged at 6.5% for the 10th consecutive time.
08 Oct 2024
BloombergRBI Monetary Policy meeting tomorrow: Will interest rates be cut?
The Reserve Bank of India (RBI) is set to announce its much-anticipated bi-monthly monetary policy decision tomorrow.
27 Sep 2024
Indian EconomyRBI poised to cut interest rate starting December: UBS report
The Reserve Bank of India's Monetary Policy Committee (MPC) is expected to initiate a reduction in interest rate from December this year, as per a report by UBS.
18 Sep 2024
RBI GovernorSBI Chairman explains why RBI won't cut rates in 2024
The Reserve Bank of India (RBI) is not expected to reduce the benchmark policy rate (repo rate) this year due to uncertainties surrounding food inflation, according to State Bank of India (SBI) Chairman CS Setty.
07 Jun 2024
Reserve Bank Of India (RBI)RBI ups India's GDP growth forecast to 7.2% for FY25
The Reserve Bank of India (RBI) has revised its real gross domestic product (GDP) projection for the fiscal year 2024-25 to 7.2%, a slight increase from the earlier estimate of 7%.
07 Jun 2024
Consumer Price Index (CPI)RBI maintains 4.5% inflation forecast for FY25
The Reserve Bank of India (RBI) has kept its inflation forecast for the fiscal year 2024-2025 at 4.5%, as announced by the Monetary Policy Committee (MPC).
07 Jun 2024
RBI GovernorRBI holds repo rate steady at 6.5% for eighth time
The Reserve Bank of India's Monetary Policy Committee (MPC) has maintained the repo rate at 6.5% for the eighth consecutive time.
01 Apr 2024
NiftyNifty hits fresh high of 22,530: What's fueling the rally
Indian equity benchmark Nifty 50 kicked off the financial year 2024-25 by reaching a record high of 22,529.95 in today's session. This surpassed its previous peak of 22,526.6.
08 Dec 2023
Reserve Bank Of India (RBI)RBI keeps repo rate unchanged at 6.5%
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) made a unanimous decision to keep the key lending rate, the repo rate, unchanged at 6.5%.
06 Dec 2023
Reserve Bank Of India (RBI)RBI's 3-day MPC meet begins: What to expect
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) began its three-day meeting today.
21 Nov 2023
Reserve Bank Of India (RBI)India's Q2 GDP likely grew 7%, exceeding MPC's 6.5% forecast
India's economy likely grew 7% in the second quarter (Q2) of the ongoing financial year, research firm ICRA noted on Tuesday.
23 Oct 2023
Reserve Bank Of India (RBI)RBI may lower rates in future despite 4% inflation target
The Monetary Policy Committee (MPC) has reaffirmed its commitment to a 4% retail inflation target, as inflation has returned to the 2%-6% comfort range.
06 Oct 2023
Reserve Bank Of India (RBI)RBI maintains repo rate at 6.5%, FY24 GDP forecast unchanged
The Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Friday that the central bank's Monetary Policy Committee (MPC) has decided unanimously to keep the key repo rate steady at 6.5%, in line with economists' predictions.
10 Aug 2023
Reserve Bank Of India (RBI)RBI keeps repo rate unchanged at 6.5% for third time
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has opted to maintain the key repo rate at 6.5%, marking the third consecutive time this decision has been made.
08 Jun 2023
Reserve Bank Of India (RBI)Reserve Bank keeps repo rate unchanged at 6.5%
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday made the official decision to keep the repo rate unchanged at 6.5%, news agency ANI quoted RBI Governor Shaktikanta Das as saying.
06 Apr 2023
Reserve Bank Of India (RBI)After six hikes, RBI keeps repo rate unchanged at 6.5%
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) stopped its rate-hike cycle to keep the repo rate unchanged at 6.5%, RBI Governor Shaktikanta Das announced on Thursday.
27 Mar 2023
Reserve Bank Of India (RBI)RBI may pause interest hikes, keep 6.5% terminal repo rate
The Reserve Bank of India (RBI) is likely to pause interest rate hikes in the next Monetary Policy Committee (MPC) meeting in April, said State Bank of India (SBI) Research, per ANI.
08 Feb 2023
Reserve Bank Of India (RBI)RBI hikes repo rate by 25 basis points to 6.5%
The Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Wednesday that the country's repo rate has been raised by 25 basis points to 6.5%.
07 Dec 2022
Reserve Bank Of India (RBI)RBI increases key repo rate by 35 bps to 6.25%
The Reserve Bank of India (RBI) increased its key lending rate on Wednesday by 35 basis points to 6.25%.
04 May 2022
Shaktikanta DasRBI hikes repo rate by 40 bps to 4.4%
In its first rate hike since August 2018, the Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 40 basis points to 4.4%.
08 Apr 2022
IndiaRBI keeps key interest rates unchanged for 11th consecutive time
The Reserve Bank of India on Friday kept the benchmark repo rate unchanged at 4% for the 11th time in a row.
10 Feb 2022
Reserve Bank Of India (RBI)RBI maintains lending rates; 7.8% GDP growth projected in 2022-23
The Reserve Bank of India (RBI) kept the repo rate unchanged at 4% for the 10th time in a row in its monetary policy review meeting on Thursday.
08 Dec 2021
Reserve Bank Of India (RBI)RBI keeps repo rate unchanged at 4%
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 4%.
07 Apr 2021
Reserve Bank Of India (RBI)RBI MPC keeps repo rate unchanged at 4%
The Monetary Policy Committee (MPC) of the Reserve Bank of India today kept the repo rate unchanged at 4 percent and maintained its accommodative stance for as long as necessary to sustain growth.
04 Dec 2020
Reserve Bank Of India (RBI)RBI predicts FY21's real GDP-growth at -7.5%; repo rate unchanged
On Friday, the Reserve Bank of India revised the real GDP growth projection for 2020-21 to -7.5%, after initially predicting that it would be -9.5%.
06 Aug 2020
Reserve Bank Of India (RBI)As economy suffers, RBI keeps repo rate unchanged
On Thursday, RBI Governor Shaktikanta Das announced that repo rate and reverse repo rate will not change, a move which would keep retail prices contained.
27 Mar 2020
Reserve Bank Of India (RBI)Coronavirus: Day after Centre's economic package, RBI cuts repo rate
RBI has cut repo rate by 75 basis points, bringing it down from 5.15% to 4.4%, Governor Shaktikanta Das told media at a briefing on Friday. The reverse repo rate was reduced by 90 basis points to 4%.
04 Oct 2019
Reserve Bank Of India (RBI)RBI cuts repo rate, slashes GDP growth estimates
On Friday, the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 5.15% in its "accommodative" stance to revive growth.
24 Jun 2019
Reserve Bank Of India (RBI)RBI's Deputy Governor Viral Acharya quits before term ends: Report
Viral Acharya, the Deputy Governor of Reserve Bank of India (RBI), has tendered his resignation, Business Standard reported on Monday.
11 Jun 2019
IndiaNo charges on RTGS, NEFT transfers from July 1: RBI
The Reserve Bank of India (RBI) has decided to waive off all charges on RTGS and NEFT system fund transfers from July 1, 2019.
06 Jun 2019
Reserve Bank Of India (RBI)Now transfer money for free: RBI removes NEFT, RTGS charges
In a move to boost digital transactions, the Reserve Bank of India (RBI) on Thursday removed NEFT and RTGS charges from transactions.
07 Feb 2019
Reserve Bank Of India (RBI)RBI cuts repo rate by 25bps; loans/EMIs to get cheaper
Taking a major policy U-turn, the RBI's six-member Monetary Policy Committee (MPC) headed by newly-appointed Governor Shaktikanta Das lowered the repo rate by 25 basis points to 6.25%.
05 Dec 2018
IndiaRBI leaves repo rate unchanged at 6.5% second-time in row
The Reserve Bank of India today left the repo rate unchanged while maintaining the stance of "calibrated tightening" of policy. The key rate remains unchanged at 6.5%.
02 Dec 2018
IndiaRBI likely to keep interest rate unchanged on December 5
The Reserve Bank is likely to maintain status quo on interest rate in the upcoming monetary policy review on December 5 despite moderation in economic growth and easing inflation, suggested experts.
05 Oct 2018
Reserve Bank Of India (RBI)In a surprise move, RBI keeps policy rates unchanged
The Reserve Bank opted for a surprising status quo at the bi-monthly review today on expectations of softening price rise, but changed the policy stance to "calibrated tightening" from "neutral".
06 Jun 2018
Reserve Bank Of India (RBI)RBI raises interest rate for first time in 4 years
Reserve Bank of India, for the first time in four-and-half-years, raised key interest rate today by 25 basis points to 6.25% on inflation concerns from a surge in international oil prices.
05 Apr 2018
Reserve Bank Of India (RBI)RBI may soon introduce its own digital currency
The Reserve Bank of India announced on Thursday that it might introduce a central bank digital currency.
04 Apr 2018
Reserve Bank Of India (RBI)Ahead of RBI policy meet, Sensex rises nearly 100 points
The BSE Sensex rose nearly 100 points in opening trade on Wednesday ahead of Reserve Bank of India's monetary policy review that begins today.
07 Feb 2018
IndiaRBI keeps repo rate unchanged for third time at 6%
The RBI has kept the repo rate unchanged at 6% for the third time, even as inflation reached a 17-month high.
06 Dec 2017
IndiaRBI keeps repo-rate unchanged at 6% for second consecutive time
The RBI's six-member Monetary Policy Committee (MPC) has kept the repo rate unchanged at 6%, second time in a row, in its fifth bi-monthly policy review.
04 Oct 2017
IndiaRBI: Repo rate remains unchanged at 6%; GVA growth-estimate slashed
Urjit Patel-led six-member Monetary Policy Committee (MPC) of Reserve Bank of India has kept the repo rate unchanged at 6% as per expectations.
08 Feb 2017
Reserve Bank Of India (RBI)RBI maintains status quo on Repo rate
Reserve Bank of India kept Repo rate steady at 6.25 per cent as announced in its Monetary Policy Review on Wednesday.
23 Dec 2016
IndiaRBI rate cut in February unlikely?
Amidst rising expectations of a rate cut in February, the minutes of the monetary policy committee meeting shows otherwise.
22 Nov 2016
IndiaMonetary Policy Committee to rely on demonetization for rates?
After the sudden announcement of withdrawing nearly 85% of the economy's currency in circulation, industry experts predict that lesser cash availability might trigger a rate cut in the upcoming policy meet.
