Search For "monetary policy committee"
US Fed further hikes interest rate in fight against high inflation
Updated : 5 days, 11 hours ago IST
The US monetary policy committee, seeking to achieve maximum employment and inflation at the rate of 2 per cent over the longer run, hiked the key interest rate by 25 basis points to 4.75-5.0 per cent at its latest two-day review meet.
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Pakistan's central bank increases interest rate by 300 basis points to 20
Updated : 3 weeks, 2 days ago IST
Pakistan's Central Bank increased the interest rate by 300 bps taking the total increase to 1,050 bs since January 2022 to counter rising inflation.
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RBI wants opinion of stakeholders whenever there is policy announcement: G
Updated : 1 month, 2 weeks ago IST
The Governor was speaking at a joint conference of the central bank and the Finance Ministry held after the address of Finance Minister Nirmala Sitharaman to the Central Board of Directors of RBI in the customary post-Budget meeting on Saturday.
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Indian stocks rally on a day RBI raises repo rate
Updated : 1 month, 2 weeks ago IST
In the just concluded three-day monetary policy committee meeting, the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent.
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Has taken number of steps to strengthen resilience of Indian banks: RBI Gu
Updated : 1 month, 2 weeks ago IST
While addressing the queries of the media during a press conference after the announcement of the Monetary Policy's outcome, he said RBI has taken a number of steps to strengthen the resilience of Indian banks and it has set guidelines on risk management committees and made it mandatory to a
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RBI expected to remain cautious with focus on achieving full growth potent
Updated : 1 month, 2 weeks ago IST
In the just concluded three-day monetary policy committee meeting, the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent.
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RBI projects India's 2023-24 retail inflation at 5.3 per cent
Updated : 1 month, 2 weeks ago IST
The average inflation in Q1 2023-24 is expected at 5.0 per cent, Q2 at 5.4 per cent, Q3 at 5.4 per cent, and Q4 at 5.6 per cent, respectively.
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RBI proposes to launch pilot project for QR code-based coin vending machin
Updated : 1 month, 2 weeks ago IST
These vending machines will dispense coins against debit to the customer's account using Unified Payments Interface (UPI) instead of physical tendering of banknotes.
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RBI MPC raises repo rate by 25 bps to 6.5 pc
Updated : 1 month, 2 weeks ago IST
Four out of six members of MPC have decided to go ahead with this hike in rate, RBI Governor Shaktikanta Das said on Wednesday.
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Markets open with gains as investors expect RBI MPC meeting outcome
Updated : 1 month, 2 weeks ago IST
Key indices BSE Sensex went up 357 points to 60,643.78 while Nifty50 surged 115 points to 17,837.15.
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Market stabilises in morning trade; some Adani Group firms recover
Updated : 1 month, 2 weeks ago IST
The domestic stocks in opening trade also seemed to have recovered from last week's losses when shares of the Adani Group firms suffered a rout and the outcome dragged on the stock key indices, namely Sensex and Nifty.
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We expect RBI to implement final rate hike in February and change stance
Updated : 1 month, 3 weeks ago IST
In its December monetary policy committee meeting, the RBI raised the policy repo rate by 35 basis points (bps) to 6.25 per cent.
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