monetary policy committee

The success of the Reserve Bank of India's interest rate rises in controlling inflation is not yet clear, and the pace of rate adjustment will depend on the state of the economy, Monetary Policy Committee (MPC) member J.R. Varma said on…

The Reserve Bank's rate setting panel is likely to opt for slowing down the pace of hikes and increase the repo rate by 0.25 per cent in September, Deutsche Bank said on Monday. The central bank has already hiked the repo rate by 1.40…

India's retail inflation may be moderating after hitting a peak in April but there are some upside risks that will weigh on the RBI's mind as it decides the course of future rate hikes. Apart from the geopolitical risks and the volatile…

States' borrowing cost went up with the weighted average cut-offs increasing by 11 basis points to 7.84 per cent at Monday's auction, nearly wiping off the decline in the last week's auctions. Last week, the average cost fell by 17 bps…

India's central bank may raise key policy rate by up to another 60 basis points by the end of this calendar year, before pausing, but the pace of rate hikes is likely to slow down, analysts said. "We are retaining our view of a terminal…

India's central bank head on Friday referred to the country's economy as an island of stability despite two Black Swan events and multiple shocks. "In an ocean of high turbulence and uncertainty, (the) Indian economy is an island of…

After announcing that the Monetary Policy Committee unanimously chose to hike rates by 50 bps, the Reserve Bank of India (RBI) Governor Shaktikanta Das said that a 50 basis points hike is the new normal for the central banks across the…

The Reserve Bank of India (RBI) raised the key policy interest rate by half a percentage point as expected to bring down the `unacceptably high’ inflation and stuck to the path of focusing on withdrawal of accommodation in monetary…

Source link

The Reserve Bank of India Governor Shaktikanta Das on Friday said that the rate-setting panel Monetary Policy Committee (MPC) has decided to retain its real GDP growth projections despite hiking rates by 50 bps. Analysts had expected the…