RBI Fires on Double Engines in Poll Year indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
India's Buyback Plan Runs Into RBI's Need to Keep Tight Stance hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.
Omicron seen slowing India’s policy normalisation path : Rashtra News The Reserve Bank of India will likely keep its key lending rate at a record low for a ninth straight meeting, with a new virus variant seen as the latest threat to the central bank’s efforts to return policy to normal. All 28 economists surveyed
Status quo maintained, but monetary stance considered irrelevant. Rates to remain unchanged. MPC interest rate decision voted 5 to 1. Financial markets volatile, with banking shares retreating. Experts believe rate easing odds have lengthened.
The Reserve Bank of India (RBI) has maintained interest rates and monetary stance steady for the sixth consecutive monetary review meeting, amid geopolitical tensions and uncertain food prices. The central bank forecasts the economy will repeat its performance next fiscal, expanding at 7%, and inflation will remain above the target at 4.5%. The panel s focus on the withdrawal of accommodation has led to cracks in the Monetary Policy Committee, with both decisions voted 5 to 1.