monetary policy committee
Retail inflation hits 6-month high of 6.3 pc in May on costlier food, fuel
Wholesale price-based inflation too accelerated to a record 12.94 per cent in May
Rate cuts don't interest MPC any more. Let's worry about inflation now
Report by SBI research says we're at the end of the rate-cut cycle which began in Feb. 2019
RBI cuts repo rate, extends loan moratorium, projects negative GDP growth
RBI Governor Shaktikanta Das extended the moratorium period by another three months from June 1 to August 31 due to lockdown extension
RBI keeps rates intact, clears way for cheaper loans
The central bank also announced a one-time permission to extend restructuring of MSME loans.
High inflation may force RBI to extend rate pause
Both Consumer Price Index (CPI) inflation and Wholesale Price Index (WPI) inflation rose on the back of higher food prices.
MPC minutes hint at rate cut in February
Green shoots seen, capex cycle may be turning up.
Cut: Repo by 25 bps, GDP by 80 bps
The reverse repo and marginal standing facility rates are now at 4.90 per cent and 5.40 per cent, respectively.
RBI to cut rates again on Friday
However, economists differ on the quantum of the rate cut ranging from 15 basis points to 50 basis points.
RBI may go for another rate cut on Oct 4: Experts
RBI has already slashed the repo rate (short-term borrowing rate) four times aggregating to 1.10 percentage points since January.
DBS expects modest rate cut at RBI's MPC meeting in October
RBI Governor Shaktikanta Das also reinforced his dovish bias due to weak inflation and negative output gap.