Monetary Policy Committee

Sunday, Feb 28, 2021 | Last Update : 06:28 AM IST

monetary policy committee

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

22 Aug 2020 12:12 AM

RBI Guv Shaktikanta Das address press after govt's relief package. (PTI Photo)

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

22 May 2020 11:13 AM

RBI keeps rates intact, clears way for cheaper loans

The central bank also announced a one-time permission to extend restructuring of MSME loans.

07 Feb 2020 1:20 AM

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.

15 Jan 2020 1:13 AM

MPC minutes hint at rate cut in February

Green shoots seen, capex cycle may be turning up.

20 Dec 2019 1:31 AM

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.

05 Oct 2019 1:48 AM

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.

30 Sep 2019 1:38 AM

Earlier, the RBI Governor Shaktikanta Das had said the government has little fiscal space, giving hopes that the RBI may provide more monetary stimulus to prop up the economy. (Photo: File | AFP)

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.

29 Sep 2019 4:33 PM

Government will require to scale back expenditure in the second half of the year to keep the overall deficit near 3.5-3.6 per cent of GDP. (Photo: AFP)

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.

23 Sep 2019 3:12 PM

In order to leverage the advantages of the BBPS and harness its full potential, it has been decided to permit all categories of billers (except prepaid recharges) who provide for recurring bill payments to participate in BBPS on a voluntary basis," the RBI said.

RBI to cover all repetitive bill payments under Bharat Bill Payments System

A detailed guideline in this regard will be issued by September-end.

07 Aug 2019 3:00 PM

Real GDP growth for 2019-20 is revised downwards from 7 per cent in the June policy to 6.9 per cent, said an RBI stament. (Representational Image)

RBI lowers GDP growth forecast to 6.9 pc for FY'20 on demand, investment slowdown

The RBI said various high frequency indicators suggest weakening of both domestic and external demand conditions.

07 Aug 2019 1:36 PM

The 35 basis points (bps) cut in repo is unusual, as the RBI has been changing the interest rate by 25 or 50 bps in the past.

EMIs likely to come down as RBI cuts interest rate by 35 bps

The fourth consecutive rate cut is expected to lower EMIs for home and auto buyers, and borrowing cost for corporates.

07 Aug 2019 12:49 PM

The Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, is deliberating on the macro-economic situation, and is scheduled to announce its third bi-monthly policy of the ongoing fiscal on Wednesday.

Experts hope another 25 bps rate cut by RBI

Talking to reporters after the meeting, SBI chairman Rajnish Kumar had said he was hopeful of another rate cut by MPC.

06 Aug 2019 5:54 PM

Reserve Bank of India's Monetary Policy Committee (MPC) will meet during August 5 to 7, 2019 for the Third Bi-monthly Monetary Policy Statement for 2019-20.

RBI may go for 25 bps rate cut on Wednesday: Report

Consensus expects RBI to lower repo rate by 25 bps to 5.50 pc at its monetary policy meeting on August 7, DBS said.

05 Aug 2019 4:50 PM

RBI Governor Shaktikanta Das. (Photo: File | PTI)

Das says change in stance as good as additional 25-basis-point rate cut: reports

RBI has cut rates by 75 bps since the start of 2019, banks have only eased their key lending rate by 15-20 bps.

22 Jul 2019 2:26 PM

Bring back credibility to the Union Budget

Sustainable magic requires that the magician remain credible.

12 Jun 2019 1:03 AM

The Sensex and Nifty-50 fell close to 1.5 per cent with financials taking a huge cut. Sensex fell 553.82 points or 1.38 per cent to 39,529.72 while the Nifty-50 fell 177.90 points or 1.48 per cent to 11,843.75.

Short-term trend of Nifty looks negative

Among the sectoral indices Nifty Bank fell 2.32 per cent while Nifty PSU Bank fell 4.90 per cent.

07 Jun 2019 7:13 AM

Beginning a three day review on Tuesday, the RBI’s six-member monetary policy committee (MPC) can draw comfort from subdued inflation.

RBI may cut rates, turn 'accommodative' after dismal GDP

Analysts say policymakers should also find ways to boost banks’ liquidity to ensure they drop their lending rates too.

04 Jun 2019 10:31 AM

The upcoming policy review will be RBI's first after the results of 2019 Lok Sabha elections.

RBI monetary policy panel starts discussions on monetary policy review

RBI has slashed repo rate by 25 basis points (0.25 percentage points) each in last two policy reviews.

03 Jun 2019 4:26 PM

RBI may keep rates on hold this time

Weak monetary policy transmission could be a major concern when the MPC meets for 3 days from today.

03 Jun 2019 2:48 AM

1 of 7

Columns

Shreya Sen-Handley