Live Breaking News & Updates on Rbi Monetary Policy News
Stay updated with breaking news from Rbi monetary policy news. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
RBI MPC Meet 2024 Live Updates: Inflation is likely to increase moderately to 5.2 percent year-on-year (YoY) in March when compared to 5.1 percent in February, wrote the analysts. They forecast 5.2 percent headline inflation for Q1CY24, driven by food inflation. The analysts expect the central bank to take comfort from declining core inflation but remain cautious given upside risks to food inflation from weather shocks, and repricing of the Fed funds rate easing path. ....
AK Tewari discusses the importance of adapting LCR monitoring to digital times to prevent rapid bank runs due to the instant withdrawal capability, emphasizing the critical role of deposit gathering in the banking sector amid ongoing transformations. Tiwari also says: "For all banks, especially the deposit gathering and focus will be the key thing for the next several quarters." ....
Less negative will be a very good positive for the market, which is why a lot of people will look at the fine print, said DSP s Investment Strategist Souvik Saha. That will give a very clear indication of what the RBI is actually thinking and what are the probable steps it is planning, he added ....
RBI Monetary Policy Meeting Live Updates: Following the conclusion of the Monetary Policy Committee (MPC) meeting, Reserve Bank of India Governor Shaktikanta Das is scheduled to make the announcements related to repo rate and other vital monetary indicators at 10 am on February 8. ....
The RBI has increased the UPI transaction limit for education and healthcare to a whopping ₹5 lakh per day! This means you can now pay for school fees, college admissions, and even hefty medical bills seamlessly through your favorite UPI app. ....