Tag: rbi monetary policy

Growfast
Posted in Finance

How RBI’s monetary policy controls economic factors that impact your finances

Let’s understand the impact of a monetary policy on its macroeconomic goals such as controlling inflation and managing growth. 1. Monetary policy refers to the…

Continue Reading
shaktikanta das: Shaktikanta Das faces twin storms of Indian economy in his likely swan song policy
Posted in Economy

shaktikanta das: Shaktikanta Das faces twin storms of Indian economy in his likely swan song policy

Zyada ummeed karte ho aap (You expect too much)! That’s what RBI governor Shaktikanta Das said moments before his post policy media briefing on an…

Continue Reading
RBI MPC meet highlights: Das & Co likely to hold rates and lower GDP growth outlook
Posted in Economy

RBI MPC meet highlights: Das & Co likely to hold rates and lower GDP growth outlook

The Reserve Bank of India (RBI)-led Monetary Policy Committee (MPC) is set to reveal its bi-monthly policy decisions today, December 6, 2024, at 10:00 am….

Continue Reading
RBI may explore other liquidity tools like open market operations (OMOs) and foreign exchange (FX) swaps instead of rate cut: Report
Posted in Economy

RBI may explore other liquidity tools like open market operations (OMOs) and foreign exchange (FX) swaps instead of rate cut: Report

New Delhi: The Reserve Bank of India (RBI) may keep the current policy rates unchanged in the ongoing Monetary Policy Committee (MPC) meeting, according to…

Continue Reading
RBI held its previous monetary policy committee meeting in October (Representational Image)
Posted in Business

No change expected in repo rate at next week’s RBI monetary policy committee meet, cut ‘very likely’ in Feb: Report

Nov 30, 2024 11:11 AM IST The repo rate was last hiked to 6.5% in February 2023 and has been kept unchanged for 10 consecutive…

Continue Reading
SBI Chairman CS Setty predicts when RBI will cut raes next. It's not in December
Posted in Economy

SBI Chairman CS Setty predicts when RBI will cut raes next. It’s not in December

C.S. Setty, chairman of the State Bank of India (SBI), stated that the Reserve Bank of India (RBI) is likely to decrease interest rates by…

Continue Reading
SBI Chairman CS Setty predicts when RBI will cut raes next. It's not in December
Posted in Economy

SBI Chairman CS Setty predicts when RBI will cut raes next. It’s not in December

C.S. Setty, chairman of the State Bank of India (SBI), stated that the Reserve Bank of India (RBI) is likely to decrease interest rates by…

Continue Reading
Savings account interest rates are usually fixed and credited quarterly, based on the daily balance or the sum of all deposits less withdrawals made throughout the day.
Posted in Business

Savings account interest rates: Check what SBI, HDFC, ICICI, PNB, Union Bank, and IDFC FIRST offers, maximum is 7.25%

With Kotak Mahindra Bank reducing interest rates by 50 basis points on savings accounts with lesser than ₹5 lakh, te following are the interest rates…

Continue Reading
RBI monetary policy pragmatic; should cut rate in coming months, say experts
Posted in Economy

RBI monetary policy pragmatic; should cut rate in coming months, say experts

The Reserve Bank’s decision to hold rates and adopt a ‘neutral’ monetary policy stance is a pragmatic move, and there are expectations of interest rate…

Continue Reading
Bonds and stocks rise as RBI adjusts policy stance; Governor Das emphasizes caution despite confidence in aligning inflation with targets.(PTI)
Posted in Business

RBI just opened the door to first rate cut in 4 years: All you need to know

India’s central bank set the stage for its first interest rate cut in four years, growing more confident that inflation will ease in coming months….

Continue Reading