Tag: Repo Rate
Rate cut to be based on long-term inflation trajectory: RBI Governor
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das has said the decision on interest rate moderation will be based on long-term inflation trajectory…
HDFC Bank raises 3-month lending rates, see latest September 2024 MCLR and other rates
HDFC Bank has increased its loan interest rates by up to 5 basis points (bps) for tenure of 3 months after raising its marginal cost…
MPC should pay more heed to core inflation, says outgoing member Ashima Goyal
The Monetary Policy Committee needs to give more importance to core inflation as this component of the consumer price gauge has the largest impact on…
MPC should pay more heed to core inflation, says Ashima Goyal
The Monetary Policy Committee needs to give more importance to core inflation as this component of the consumer price gauge has the largest impact on…
Dissenting outgoing MPC members say a restrictive monetary policy could cost growth
The common argument of the two dissenters in the monetary policy committee, external members – Prof Ashima Goyal and Prof J R Varma is that…
RBI MPC Minutes: Food inflation pressures showing little signs of abatement, warns RBI
The Reserve Bank of India (RBI) released the minutes of the Monetary Policy Committee (MPC) meeting on Friday, highlighting that the headline inflation has seen…
Food inflation to stay sticky, rate cuts may get pushed to FY26: Economists
The central bank is unlikely to consider softening rates this fiscal year even after the consumer inflation gauge declined below the mandated 4% target for…
Nirmala Sitharaman: FM Nirmala Sitharaman attends RBI Board of Directors meeting
New Delhi: Union Finance Minister Nirmala Sitharaman on Saturday attended a meeting of members of the Central Board of Directors of Reserve Bank of India…
Two MPC members dissent for a second time in a row
Two of the six monetary policy members, Ashima Goyal and Jayanth Varma, continued to vote for a reduction in the policy rate by 25 basis…
RBI MPC: RBI Guv Das says premature to talk about US recession but will remain vigilant
The recent data on US unemployment should not be taken as a sign of recession in the US, world’s largest economy, said Reserve Bank of…