RBI Monetary Policy LIVE News Updates, Get the latest updates and news on today's RBI Monetary Policy meeting. Analysts predict retail inflation may have risen in November and GDP growth forecast for FY24 What To Expect? more at news18.com
RBI MPC Keeps Repo Rate Unchanged At 6.5%; Status Quo Fifth Time In A Row; This is the fifth time in a row that the central bank has paused the repo rate
RBI MPC meet live updates: Inflation continues to be the key villain in the story. Between the August policy review and now, nothing much has changed on this front. Two straight months of CPI inflation above the 6% upper band should worry Das & co
RBI MPC Meeting LIVE Updates: The Reserve Bank of India (RBI) is expected to keep its main interest rate unchanged in today s meeting, with a primary focus on controlling inflation amidst rising oil prices and the Federal Reserve s efforts to strengthen the rupee. In response to the Russia-Ukraine conflict, the Reserve Bank initiated a gradual policy rate increase starting in May 2022, ultimately reaching 6.5 percent by February of this year. Over the past three bi-monthly monetary policy reviews, the rate has remained unchanged. The Monetary Policy Committee (MPC), led by RBI Governor, commenced discussions on October 4.The government has tasked the Reserve Bank with the responsibility of ensuring that Consumer Price Index (CPI)-based retail inflation remains within 4 percent, with a margin of 2 percent on either side. In August, retail inflation stood at 6.83 percent, exceeding the RBI s comfort level.During an unscheduled meeting in May 2022, the MPC raised the policy rate by 40 bas