Repo Rate

Monday, Sep 25, 2023 | Last Update : 04:46 AM IST

The central bank’s decision to lower its forecast for the country’s economic growth from seven per cent to 6.8 per cent, citing global headwinds, shows that all is not well yet. (Photo: PTI)

AA Edit | Promising signs in economy

The RBI governor’s post-policy meeting comments hint that the central government remains focused on inflation

10 Dec 2022 12:15 AM

Subsequently, we see two repo rate hikes of 25 basis points each over the next two reviews given the lingering uncertainty caused by the third wave, we expect a status quo on Thursday. — AA Image

MPC may hold back rate hike

Policy normalization is set to commence in April with a stance change and reverse repo hike

07 Feb 2022 2:02 AM

This is the eighth time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained status quo. (Photo: AA/File)

RBI maintains status quo for 8th time; retains repo rate at 4 per cent

RBI had last revised its policy repo rate or the short-term lending rate on May 22, 2020

08 Oct 2021 10:38 AM

Reserve Bank of India governor Shaktikanta Das addresses a press conference via video link from Mumbai on Friday, April 17, 2020. (PTI)

AA Edit: Government must guarantee all working capital loans

The only workable solution for the current financial crisis is a sovereign guarantee to all loans

18 Apr 2020 4:47 AM

Highlights of RBI's sixth bi-monthly monetary policy statement for 2019-20

Next meeting of the MPC scheduled during March 31, April 1 and 3, 2020.

06 Feb 2020 1:04 PM

RBI has many other tools to revive growth, not just interest rates: Das

The governor said the continuity in policy from last pause should not be read as a pointer to future actions.

06 Feb 2020 12:50 PM

Going forward, the inflation outlook is likely to be influenced by several factors like food inflation, crude prices and input costs for services, RBI said.

RBI revises upwards retail inflation projection to 6.5 pc for Jan-Mar qtr

RBI further said that the actual inflation outcome for Q2 at 5.8 per cent overshot projections by 70 bps.

06 Feb 2020 12:36 PM

Real GDP growth for 2019-20 was projected at 5 per cent in the December 2019 policy.

RBI estimates GDP to expand at 6 pc in FY21

The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.

06 Feb 2020 12:32 PM

Reserve Bank of India keeps key policy rate unchanged at 5.15 per cent

In the last MPC meet benchmark interest rate was cut by 0.25 per cent to 5.15 pc from 5.40 pc amid low inflation, faltering economic growth.

06 Feb 2020 11:54 AM

Analysts said investors were disappointed as the Budget failed to live up to market expectations of growth-boosting measures and fiscal discipline.

Budget overhang, RBI policy, Q3 earnings to decide market course this week: Analysts

The Reserve Bank will on Thursday announce its first bi-monthly monetary policy post-Budget.

03 Feb 2020 10:16 AM

RBI has cut rates by a total of 135 basis points in five moves in 2019 and shocked markets by holding rates steady at its December meeting.

RBI may put rate cuts on extended pause after spike in inflation

Economists said the MPC may watch for a possible reversal in food prices to see how inflation pans out in coming months.

15 Jan 2020 10:09 AM

Onion prices are ruling high since September and were in the range of Rs 130-140 a kilogram in Delhi on Friday.

High onion prices figured prominently in RBI MPC meeting, minutes show

The six-member MPC had kept the repo rate unchanged on December 5 despite moderation in economic growth and easing inflation.

19 Dec 2019 7:37 PM

RBI to retain dovish bias going forward: report

The RBI reiterated that it would maintain an accommodative stance as long as necessary to revive economic growth.

07 Dec 2019 10:46 AM

The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to be done by the sovereign, said RBI governor Shaktikanta Das. (Photo: File | PTI)

No way privately-issued digital currencies can be allowed: RBI Gov Das

The comments come a year after government tagged Bitcoins and other cryptocurrencies illegal and the RBI banned their trade.

05 Dec 2019 5:48 PM

Reserve Bank governor Shaktikanta Das pointed towards a line in the monetary policy committee resolution, which makes it "explicitly" clear that there is a scope for further rate cuts. (Photo: File)

We can't keep on slashing policy rates every time: Shaktikanta Das

The sharp decline in growth had many analysts assuming the Reserve Bank will deliver a rate cut on Thursday.

05 Dec 2019 1:34 PM

The Monetary Policy Committee recognises that there is monetary policy space for future action. However, given the evolving growth-inflation dynamics, the MPC felt it appropriate to take a pause at this juncture, the RBI said in its fifth bi-monthly monetary policy for this fiscal.

Reserve Bank keeps benchmark interest rate unchanged at 5.15 per cent

The central bank also revised GDP growth downwards to 5 per cent for 2019-20 from 6.1 per cent projected in its October policy.

05 Dec 2019 12:08 PM

The gross domestic product numbers released on Friday showed government spending helping to prop up weak demand.

RBI may go for sixth repo rate cut to boost economy

The economy is expanding well below the rate needed to generate enough jobs for the millions of young Indians.

03 Dec 2019 2:08 PM

The higher inflation will be driven by base effects or lower inflation in the year-ago period when the same number had dipped to 2.2 per cent.

'RBI to cut rates by 40 bps by Feb despite high inflation'

GDP growth plummeted to a six-year low of 5 per cent for the June quarter and is expected to come lower for the September quarter.

14 Nov 2019 4:04 PM

The RBI minutes from October policy review underscored the monetary policy committee members' unanimous decision to keep rates lower.

RBI may cut rates in December: report

A modest overshoot in recent inflation outruns is outweighed by downside risks to RBI's growth estimates.

24 Oct 2019 1:10 PM

Banks including Bank of India, Oriental Bank of Commerce and Bank of Maharashtra, have reduced lending rates by up to 25 basis points. (Representational image)

6 public sector banks cut lending rates by up to 0.25 per cent

With the reduction in their respective benchmark lending rates, home, auto and other loans have become cheaper.

10 Oct 2019 7:03 PM

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Parsa Venkateshwar Rao Jr

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