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"RBI Cannot Give Any Forward Guidance In Such A Volatile Situation": RBI

Highlights and top comments from RBI Governor Shaktikanta Das' press conference on Wednesday after hiking the key repo rate by 50 basis points. ....

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RBI Hikes Key Lending Rate, Loans Set To Get Costlier

The Reserve Bank of India raised its key interest rate by 50 basis points on Wednesday, taking the repo rate to 4.9 per cent, and raised its inflation projection for the current fiscal to 6.7 per cent, well above the upper-end of its target range of 2-6 per cent. ....

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Multiple challenges to RBI's unchanged GDP forecast of 7.2%

The RBI has revised the inflation projection big-time from 5.7% to 6.7% in 2022-23, but retained its earlier GDP forecast of 7.2%. There are now multiple headwinds, which will force the RBI to revise the growth projection in the near future. ....

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EMIs Set To Rise As RBI Hikes Rates; Second Increase In 5 Weeks

Home, auto, and other loans' EMIs will rise after the Reserve Bank of India on Wednesday raised its key interest rate by 50 basis points, the second increase in five weeks. ....

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RBI Policy Meeting Outcome Today: RBI Rate Hike Today Is A "No Brainer," But By How Much?

While a RBI rate hike is certain, as Governor Shaktikanta Das had indicated last month, the questions remain on by how much and inflation projections? ....

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