Monetary Policy Committee

Thursday, Apr 25, 2024 | Last Update : 09:22 AM IST

monetary policy committee Page-3

MPC delivered a surprise repo rate cut in a 4-2 split vote this month while members unanimously agreed to move the policy stance to ‘neutral’.

India needs to spur growth amid low inflation outlook: RBI's MPC

RBI has lowered its inflation target for April-September to 3.2-3.4 per cent from the 3.8-4.2 per cent seen in Dec.

22 Feb 2019 11:29 AM

The MPC also changed its stance from calibrated tightening to neutral and lowered its inflation forecast sharply, thereby opening room for another rate cut in the April policy.

Rate cycle reversing, but banks may go slow on interest cut

This is the first rate cut since August 2017.

08 Feb 2019 1:33 AM

Growth in focus, more rate cuts on the cards

The rate cut decision was accompanied by a shift in the monetary policy stance to ‘neutral’ from ‘calibrated tightening.’

08 Feb 2019 1:33 AM

The Union Budget had also announced measures to farming sector in addition annual payment of Rs 6,000 to small and marginal farmers.

RBI raises collateral-free farm loan limit to Rs 1.6 lakh

Currently, the banks are mandated to extend collateral-free agricultural loans up to Rs 1 lakh.

07 Feb 2019 12:51 PM

RBI had projected the GDP growth for 2018-19 in the December policy at 7.4 per cent (7.2-7.3 per cent in H2) and at 7.5 per cent for H1:2019-20.

RBI projects 7.4 per cent GDP growth for FY20

GDP growth is likely to be influenced by growth in bank credit and overall financial flows to the commercial sectors.

07 Feb 2019 12:41 PM

The central bank on Thursday cut the key repo rate -- at which it lends to banks -- by 0.25 per cent to 6.25 per cent.

RBI cuts inflation forecast to 2.8 pc for Q4 2019; 3.2-3.4 pc for H1FY20

Reserve Bank of India revised downwards the retail inflation forecast to 2.8 per cent.

07 Feb 2019 12:35 PM

RBI cuts key rate by 25 bps, changes stance to neutral

Four of six members of the MPC voted to cut the rates, while all six members voted for a change in the stance.

07 Feb 2019 12:08 PM

Core inflation, on the other hand, was unchanged at 5.7 per cent in December 2018.

RBI to change stance to neutral but may hold rates

Higher budgeted market borrowings and increased inflationary concerns are likely to keep the bond yields elevated.

06 Feb 2019 3:12 AM

The market may also witness an overhang of the interim budget announcements.

RBI policy, quarterly results key drivers for market this week

RBI’s policy meet outcome, ongoing quarterly results season and global cues will set the tone for the stock market this week.

04 Feb 2019 10:46 AM

Reserve Bank of India Governor Shaktikanta Das.

RBI Governor meets PSU banks' CEOs, conveys regulator's expectations

RBI is scheduled to announce its sixth bi-monthly monetary policy for 2018-19 on February 7.

28 Jan 2019 1:24 PM

In the previous monetary policy announced in December, RBI kept the repo rate unchanged at 6.5 per cent.

RBI may take dovish stance in Feb policy with softer inflation

The report expect a 50 basis points of rate cut in the first half of 2019.

16 Jan 2019 1:49 PM

RBI lowered its second half inflation estimate to 2.7-3.2 per cent, from the earlier 3.9-4.5 per cent earlier.

RBI may cut rates by 0.25 pc in Feb or April policy review: BofAML

Central bank maintained status quo on all key policy rates in the fifth bi-monthly monetary policy review.

06 Dec 2018 2:58 PM

The Reserve Bank of India’s monetary policy committee sees a risk of rising headline inflation from high crude oil prices and a weak rupee, indicating potential rate hikes ahead even as it held rates unchanged at its last meeting.

Reserve Bank of India highlights inflation spike risk, signal rate hikes

Five of six MPC members had voted for keeping rates on hold at 6.50 per cent, surprising most economists.

22 Oct 2018 9:03 AM

The panel also shifted its policy stance to calibrated tightening from ‘neutral’.

RBI's MPC highlights inflation spike risk, signal rate hikes

India’s retail inflation rose to 3.77 per cent in September from 3.69 per cent in August.

20 Oct 2018 11:16 AM

The recent excise duty cuts on petrol and diesel will moderate retail inflation. (Photo: AFP)

Fiscal slippages to have adverse bearing on inflation, markets: RBI

Finance Minister Arun Jaitley has, however, assured that the government will stick to the fiscal deficit target.

05 Oct 2018 5:22 PM

Reserve Bank of India keeps key policy rate unchanged at 6.50 pc

RBI in its monetary policy meet in August had decided to hike the key interest rates from 6.25 pc to 6.50 pc.

05 Oct 2018 2:44 PM

RBI rate-setting panel begins three-day meet

RBI raised the repo rate or short term lending rate by another 25 basis points in August policy meet.

03 Oct 2018 4:00 PM

The monetary policy committee will start its three-day meeting from October 3 to decide on the fourth bi-monthly monetary policy.

Higher lending rates may spoil your festival plans

RBI might increase the repo rate for the third time this year by 25 basis points in its policy review.

02 Oct 2018 8:25 AM

Inflation is likely to encounter a soft patch in the second quarter, but it will resume an upward trajectory in the second half of the year.

RBI's monetary policy panel cites inflationary risks as reason for rate hike

India posted its best growth in nearly two years at 7.7 per cent in January-March quarter.

17 Aug 2018 9:39 AM

The rupee hit a fresh two-week low of 68.93 against the US dollar in early session on Tuesday.

Rupee may dip to 70 per US dollar

Credit Suisse says oil price remains key factor; RBI may hike rates.

08 Aug 2018 12:27 AM

3 of 7

Columns

Dilip Cherian