The chorus at India’s interest rate-setting panel appears to have grown louder with two outgoing external members — Ashima Goyal and J R Varma — underscoring the risks a ‘higher-for-longer’ approach poses for broader economic growth, the latest minutes of the meeting of the Monetary Policy Committee (MPC) review showed. “Excess monetary tightening can trigger … Read more
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday in its bi-monthly monetary policy review meeting has decided to keep the policy rate unchanged at 6.50%. This decision has been kept same since April 2023. Here is what rate pause by RBI means for the mutual fund investors. Adhil Shetty, … Read more
The Reserve Bank of India (RBI) is likely to keep interest rates unchanged this week as high food prices prevent any tilt toward softer policy, but easing core inflation and a global turn toward lower borrowing costs could make a case for the central bank to shift to a neutral stance in the next quarter … Read more
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) in its bi-monthly monetary policy review again decided to keep the policy rate unchanged at 6.50%. The MPC of the central bank also retained its stance of remaining focussed on “withdrawal of accommodation.”Here is how mutual fund managers explain the policy for investors. … Read more
Mumbai: The Reserve Bank of India (RBI) Friday maintained policy interest rates and its monetary stance for the seventh straight review meeting citing an uncertain food prices trajectory and the elbow room provided by robust economic growth, thus pushing back the start of a much-anticipated rate easing cycle while extending a status quo to at … Read more
The Reserve Bank of India aims for market rates to be aligned with the repo rate, but over the past four years, amidst extraordinary economic events, market rates have largely been disconnected from the policy rate, as liquidity conditions have been either tailored to rev up growth or battle inflation. In the 45 months from … Read more
India’s retail inflation likely eased to a three-month low of 5.09% in January on slowing food price rises and favourable base effects, according to economists polled by Reuters who also predicted a moderation in core inflation to 3.70%. The Reserve Bank of India, which held its repo rate at 6.50% for a sixth consecutive meeting … Read more
Mumbai: RBI is likely to keep interest rates unchanged after its monetary policy review this week as it battles inflation, said respondents in an ET poll, but some of them said a fiscally prudent interim budget and signs of global monetary easing may prompt the central bank to soften its communication on tight liquidity conditions … Read more
Mumbai: RBI is likely to keep interest rates unchanged after its monetary policy review this week as it battles inflation, said respondents in an ET poll, but some of them said a fiscally prudent interim budget and signs of global monetary easing may prompt the central bank to soften its communication on tight liquidity conditions … Read more
