Tag: Repo Rate
rate cut: New MPC members may have least one favouring a cut, say economists
India’s newly-appointed monetary policy committee members may see at least one dissenter calling for a rate cut when the group meets next week, several economists…
RBI expected to start rate cut cycle from December this year: UBS
The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to start easing from December 2024, said a report by UBS. Given the domestic…
There’s a case for RBI to cut rates: Jahangir Aziz, JP Morgan Chase
Mumbai: A decadal low core inflation headed further south points to likely excess capacity in various pockets of the economy, buttressing the case for an…
Strong case for a rate cut by RBI: Jahangir Aziz, JP Morgan
With core inflation touching an all-time low, which is an indication of excess capacity in the economy, it makes a strong case for rate cuts…
WACR climbs to 6.69% amid banking system liquidity deficit
The weighted average call rate, which indicates banks’ overnight cost of borrowing, closed at 6.69% on Thursday, 19 basis point higher than the Reserve Bank…
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…