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Post April policy outcome, Kotak AMC expects RBI to stay on hold for the rest of CY 2023.

The manufacturing PMI for India is by far the strongest in the region while price pressures are subdued

Central Bank had announced that it will now be possible to make a payment by linking a credit card to UPI. Currently only for RuPay credit card users.

The RBI's monetary policy committee is slated to start meeting from August 3 onwards and chances are that a hike in repo rates may be in the offing. In such a scenario, find out how expensive will your home loan rates can become.

RBI Rate Hike: The Reserve Bank of India (RBI) will announce the decision of the Monetary Policy Committee (MPC) on Wednesday. There are expectations that the central bank could go for a hike in benchmark interest rates again to contain inflation that continues to remain above its upper tolerance le

In its monetary policy outcome tomorrow, the Reserve Bank of India is likely to revise its consumer price index (CPI) or retail inflation forecast from 5.7 per cent to 6.5 per cent plus for the current fiscal 2022-23.

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The six-member Monetary Policy Committee headed by Reserve Bank of India Governor Shaktikanta Das started deliberations on the bi-monthly policy review on Tuesday

Below are the key takeaways from the monetary policy outcome.

The RBI’s Monetary Policy Committee (MPC) is to meet from 8-10 February. Meanwhile, in December, the Consumer Price Index spiked to a five-month high of 5.59%, while the Wholesale Price Index rose to 13.56%. Mint takes a look: