If inflation remains elevated, Monetary Policy Committee could lose credibility. This must be avoided

Contents1 What is the news?2 What does the recent GDP data indicate?3 What concerns are being raised wrt RBI’s current policy?4 What is RBI’s view on policy normalisation? What is the news? RBI Governor has expressed optimism over the state of the economy. Speaking at an event organized by The Indian Express and the Financial… Continue reading If inflation remains elevated, Monetary Policy Committee could lose credibility. This must be avoided

Reserve Bank of India’s(RBI) monetary policy review

News: The Reserve Bank of India has released its monetary policy committee (MPC) report. Facts: Key Highlights: Repo Rate:It is the rate at which the RBI lends money to the banks for a short term.It remains unchanged at 4%. Reverse Repo Rate:It is the short term borrowing rate at which RBI borrows money from banks.It… Continue reading Reserve Bank of India’s(RBI) monetary policy review

RBI releases bi-monthly policy

News:The Reserve Bank of India released its bi-monthly monetary policy committee(MPC) report. Facts: Key Highlights from the report: Repo Rate:It is the rate at which the RBI lends money to the banks for a short term.It remains unchanged at 5.15%. Reverse Repo Rate:It is the short term borrowing rate at which RBI borrows money from… Continue reading RBI releases bi-monthly policy

Monetary policy committee sees further slowdown in growth

News:The Reserve Bank of India(RBI) has released the minutes of the monetary policy committee (MPC) meeting. Facts: In its fourth Bi-monthly policy review,the Reserve Bank of India’s(RBI) Monetary Policy Committee(MPC) has reduced the interest rates by 25 basis points to 5.15 % from 5.40 %. Key takeaways from the MPC meeting: All the six members… Continue reading Monetary policy committee sees further slowdown in growth

Explained: Why RBI may cut interest rates tomorrow and why it may not be enough

News:The Reserve Bank of India’s Monetary Policy Committee is set to announce its bi-monthly policy review on October 4,2019. Facts: What is likely to happen in the policy review? The RBI is likely to cut the repo rate by anywhere between 35 to 40 basis points due to following reasons- Inflation is under control.Hence,there is… Continue reading Explained: Why RBI may cut interest rates tomorrow and why it may not be enough

Economy shows further weakening, needs larger push: Shaktikanta Das at MPC meet

The RBI has released the minutes of the monetary policy committee (MPC) meeting. During the meeting,RBI governor said that RBI had to cut the repo rate by an unconventional 35 basis points to 5.4% in view of weakening of domestic growth and unstable global macroeconomic environment. Further,the governor said that the rate cut was given… Continue reading Economy shows further weakening, needs larger push: Shaktikanta Das at MPC meet

RBI lowers repo rate by 35 basis points to 5.40%

The Reserve Bank of India’s (RBI) monetary policy committee (MPC) has lowered its repo rate by 35 basis points to 5.4%.Repo stands for ‘Repurchasing Option’.It refers to the rate at which commercial banks borrow money from the RBI. RBI has also kept the door open for lowering rates further by retaining an accommodative policy stance.… Continue reading RBI lowers repo rate by 35 basis points to 5.40%

RBI cuts interest rate by 25 bps

The Reserve Bank of India(RBI) Monetary Policy Committee has unanimously cut the repo rate by 25 basis points from 6% to 5.75%. Repo stands for ‘Repurchasing Option’. Repo rate refers to the rate at which commercial banks borrow money from the RBI. The reverse repo rate was also lowered to 5.50% from 5.75%.The reverse repo… Continue reading RBI cuts interest rate by 25 bps

RBI may cut interest rate by at least 25 bps on June 6: Experts

According to experts,the Reserve Bank of India’s Monetary Policy Committee (MPC) may cut the interest rate to boost up the economic growth which dropped to a five-year low in the final quarter of 2018-19. The rate cut is needed to address weakening credit availability as Non-banking financial companies(NBFCs) remain in turmoil representing a significant bottleneck… Continue reading RBI may cut interest rate by at least 25 bps on June 6: Experts

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