THE RESERVE Bank of India Friday left the repo rate — the rate at which it lends to banks — unchanged at 6.5 per cent on concerns over rise in food inflation, and revised upwards the real gross domestic product (GDP) growth projection for 2024-25 to 7.2 per cent. The central bank retained the FY25 …
Aspirational Goals for RBI@100 in a Multi-Year Time Frame: 1. Monetary Policy and Liquidity Management Positioning the Reserve Bank as Leader of the Global South Review of Monetary Policy Framework to address: Balancing price stability and economic growth from an Emerging Market Economy (EME) perspective; Refinements in monetary policy communication; and …
Aspirational Goals for RBI@100 in a Multi-Year Time Frame: 1. Monetary Policy and Liquidity Management Positioning the Reserve Bank as Leader of the Global South Review of Monetary Policy Framework to address: Balancing price stability and economic growth from an Emerging Market Economy (EME) perspective; Refinements in monetary policy communication; and …
07 Jun 2024, 10:14 AM IST RBI MPC Meeting Live: FY25 CPI inflation forecast retained at 4.5% RBI MPC Meeting Live: RBI retained CPI inflation forecast for FY25 at 4.5%. 07 Jun 2024, 10:13 AM IST RBI MPC Meeting Live: FY25 GDP growth forecast raised to 7.2% RBI MPC Meeting Live: RBI raised its GDP …
RBI MPC Meet 2024 Live: Reserve Bank of India governor Shaktikanta Das on Thursday will announce the bi-monthly policy amid expectations of continued pause on key interest rate. The central bank has kept the repo rate stable at 6.5 per cent. The benchmark interest rate was last raised last February to 6.5 per cent from …
The Reserve Bank of India (RBI)’s Monetary Policy Committee has begun its three-day deliberations in Mumbai- the first meeting since the announcement of the Interim Budget by Finance minister Nirmala Sitharaman. According to SBI Research, the RBI could again put a pause on the repo rate. In its December meeting, the RBI decided to keep …
The Reserve Bank of India (RBI) released the minutes of the Monetary Policy Committee (MPC) meeting on Friday, December 22, highlighting that domestic food inflation unpredictability, and volatility in crude oil prices and financial markets in an uncertain international environment pose risks to the inflation outlook. Hence, the central bank’s monetary policy continues to remain …
India’s growth resilience beat expectations. Developments since the Oct’23 policy meet suggest the domestic economy is going strong. The latest GDP growth (7.6%) exceeded consensus (6.8%) and our expectations (6.9%), primarily driven by investments while consumption growth was tepid. We reckon the coming period will see a reversal in the contributors to growth, from investment …
Cloud facilities for financial institutions will enhance data security and privacy, RBI Governor Shaktikanta Das said while announcing a proposal to establish data storage facilities for financial institutions (FIs) in India on December 8, 2023. “Banks and financial entities are maintaining an ever-increasing volume of data. Many of them are utilising various public and private …