Live Breaking News & Updates on Rbi Mpc Meeting August 2023

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Monetary policy meet: RBI asks banks to set aside incremental CRR

Banks shall maintain an incremental CRR of 10% on increase in deposits between May 19 and July 28, with effect from the fortnight starting Aug. 12, RBI Governor Shaktikanta Das said in his monetary policy announcement. ....

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RBI MPC meet: Reserve Bank hits pause for 3rd time, repo rate unchanged at 6.5%

RBI Monetary Policy August 2023: Shaktikanta Das said that the headline inflation after reaching a low of 4.3 per cent in May 2023, rose in June and is expected to surge during July and August, led by vegetable prices. ....

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RBI MPC meet: Reserve Bank raises FY24 inflation projection, retains GDP forecast at 6.5%

Unveiling the bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said domestic economic activity is maintaining resilience. ....

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RBI MPC keeps repo rate unchanged at 6.5%, raises inflation projection: Industry experts react

The Reserve Bank of India raised its inflation projection for FY24 from 5.1 per cent to 5.4 per cent, while retaining its GDP projection at 6.5 per cent. ....

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Eye on inflation, RBI keeps repo rate unchanged

CPI inflation projection revised to 5.4%; GDP growth forecast retained at 6.5%. ....

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