The RBI MPC is a six-member committee entrusted with the task of setting India’s benchmark interest rate, the repo rate and the meeting that started today will end on April 5. This rate directly ...
Monetary Policy Committee (MPC) has been instituted by the Central Government of India under Section 45ZB of the RBI Act that was amended in 1934. MPC had its first meeting for two days on October ...
RBI MPC Meet 2023: The Monetary Policy Committee decided to retain the repo rate at 6.5 percent on April 6, with a 5:1 majority, focussing on withdrawal of accommodation to ensure that inflation ...
All the six members of the Monetary Policy Committee (MPC), headed by RBI Governor Das, unanimously voted for the latest rate hike. Individual Housing Loans by Cooperative Banks – Enhancement in ...
The Reserve Bank of India (RBI) released the minutes of the Monetary Policy Committee (MPC) meeting on Friday, February 21, highlighting that India's repo rate reduction was an appropriate policy ...
Markets await RBI’s 7 february decision amid growth concerns and liquidity moves The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting, which began on Wednesday, is set to ...
RATE CUT IN FEBRUARY; BUT HOW MUCH MORE? The RBI Monetary Policy Committee (MPC), in its Feb 05-07 meeting, cut repo rates by 25 bps to 6.25%. This lowered the SDF rate also by 25 bps to 6.00% ...
Kumar, along with RBI Governor Sanjay Malhotra and three other members, had opted for a 25 basis points repo rate cut during the MPC meeting in February, bringing the short-term lending rates down ...
MUMBAI: RBI governor Sanjay Malhotra in his maiden monetary policy committee (MPC) meeting had said that it was an 'appropriate time' to cut rates, given the macroeconomic outlook and expected ...
Since June 2022 the RBI changed its stance to “withdrawal of accommodation” and had stuck to it till October 9, 2024, when in the fourth bi-monthly review, the MPC decided to go for a “neutr ...
Image: ANI Malhotra, along with five other members of the Monetary Policy Committee (MPC) had voted for a 25 basis points reduction in the short-term lending rate (repo) to 6.25 per cent. The RBI at ...
(MENAFN- IANS) Mumbai, Feb 5 (IANS) The Reserve bank of India (RBI) is likely to reduce the repo rate by 25 basis points (bps) in its upcoming monetary policy meeting (MPC) announcement ...