RBI keeps repo rate unchanged at 6.5%, takes neutral stance
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RBI Monetary Policy Meeting Highlights: RBI shifts stance to ‘neutral’; sets tone for potential rate cuts
The RBI’s rate-setting panel is widely expected to keep the benchmark repo rate unchanged at 6.5% for the tenth straight meeting. However, most economists estimate a change in policy stance of ‘withdrawal of accommodation’.
RBI Monetary Policy Live Updates: Will Shaktikanta Das signal a shift to neutral stance and open the door to rate cuts?
RBI is expected to keep interest rates unchanged today, as rising food prices maintain economic pressure. However, easing core inflation and decreasing global borrowing costs might prompt the central bank to shift to a neutral stance next quarter.
RBI Monetary Policy: Shaktikanta Das announces breakthrough decision on pre-payment penalty
The Reserve Bank of India Governor Shaktikanta Das on Wednesday, while announcing Monetary Policy decision, said that banks and non-banking finance companies (NBFCs) cannot leavy foreclosure or pre-payment penalty charges on individual borrowers who have taken floating rate term loans.
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RBI Monetary Policy Meeting LIVE Updates: Governor Shaktikanta Das begins post-monetary policy press conference
The RBI’s rate-setting panel kept the benchmark repo rate unchanged at 6.5% and changed policy stance to ‘neutral’. FY25 GDP estimates and CPI inflation forecast were retained.
RBI Monetary Policy: RBI keeps repo rate unchanged at 6.5%, takes neutral stance: Shaktikanta Das
The Reserve Bank of India (RBI) has pegged the repo rate unchanged at 6.5 per cent. Governor Shaktikanta Das said while announcing the monetary policy statement on Wednesday that the decision was taken with 5:1 majority.
RBI Monetary Policy Meet Key Takeaways: All about Das & Co's decisions
RBI Governor Shaktikanta Das is set to announce the bi-monthly MPC meeting outcomes, likely maintaining repo rate at 6.5%. Despite US rate cuts, RBI ties future cuts to domestic inflation hitting a 4% target.
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RBI Monetary Policy Meeting LIVE Updates: FY25 GDP growth estimates retained at 7.2%, says RBI Governor Shaktikanta Das
The RBI’s rate-setting panel kept the benchmark repo rate unchanged at 6.5% for the tenth straight meeting. The policy stance was changed to ‘neutral’ from ‘withdrawal of accommodation’.
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RBI MPC Live Updates: Repo rate unchanged at 6.5%, stance changed to ‘Neutral’
Shaktikanta Das announces RBI MPC policy decisions. Stay tuned to our RBI policy live blog for latest updates.
RBI's October MPC Meeting: When And Where To Watch Shaktikanta Das' Key Monetary Policy Announcements
Reserve Bank Governor Shaktikanta Das will announce monetary policy decisions on October 9, 2024, at 10 AM. The RBI has maintained the repo rate at 6.5% since February 2023. Analysts expect no rate cuts due to concerns about the sustainability of low inflation,
RBI Monetary Policy Meeting: When and where to watch Governor Shaktikanta Das’ MPC announcement
RBI Governor Shaktikanta Das will announce the MPC’s policy decision on October 9. This is the first meeting of the six-member RBI MPC after half the members were changed last week.
RBI monetary policy: With no rate cuts in October, is RBI falling behind the curve? Experts weigh in
RBI Governor Shaktikanta Das announced that inflation is nearing target but warned against premature rate cuts. The RBI ...
From elephant to horse: What lies ahead for RBI's monetary policy after a 5-month shift?
Earlier, Governor Das had likened inflation to an elephant in the room, signalling it as a problem too significant to ignore.