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RBI retains inflation, growth path in MPC

Governor s elephant analogy hints at possible future interest rate cut by RBI, despite maintaining unchanged policy rate at 6.5% to curb inflation. | Latest News India ....

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India's Q3 GDP bucks all estimates at 8.4% growth | Latest News India

GDP growth in the quarter ending December 2023 is 8.4%, almost two percentage points more than the 6.6% number predicted by a Bloomberg poll of economists | Latest News India ....

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RBI Keeps Repo Rate Unchanged at 6.50%, Sees Real GDP at 7% for FY24-25

As predicted by economists, the monetary policy committee (MPC) of Reserve Bank of India (RBI) kept the repo rate unchanged at 6.50% during its February bi-monthly meeting. The marginal standing facility (MSF) rate and the bank rate will be steady at to 6.75%. RBI’s policy stance continues to be ‘withdrawal of accommodation’, with five out of six MPC members voting in its favour, governor Shaktikanta Das says. More Details Soon. ....

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MPC members differ on road ahead for rates, show minutes

The minutes of the September meeting of MPC revealed that two of the six members of the monetary policy committee argued for a pause after nearly two percentage point rate increases since May of this year ....

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RBI Hikes Repo Rate by 40bps to 4.40% on Higher Food Inflation

The monetary policy committee (MPC) of the Reserve Bank of India (RBI), has unanimously decided to increase the repo rate by 40 basis points (bps) to 4.40% with immediate effect. ....

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