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RBI's monetary policy committee meeting begins today, announcement on October 9

The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and…

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2 mins read

RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…

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RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%

Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …

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RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly

​MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…

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1 min read

RBI to hold rates, may sound more confident of reaching inflation target, says report

​​The rate-setting panel may prefer to stick to the 'withdrawal of accommodation' stance of the mon…

PTI   


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Repo rate cut unlikely in ongoing MPC meeting, but RBI may change it during October policy review: Experts

The Reserve Bank of India (RBI) has started its three-day monetary policy committee (MPC) meeting i…

ANI   


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SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%

Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…

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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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Monetary Policy Committee keeps repo rate unchanged at 6.5%, confirms RBI governor Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), has kept the rep…

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4 mins read

RBI leaves repo rate unchanged. What does this mean for you?

This is a good time to invest in high-yield fixed deposits and other debt instruments. That's becau…

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After a volatile week, all eyes on RBI’s Monetary Policy meeting! But experts expect no change in repo rate

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is gearing up to announce its mon…

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RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25

The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …

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RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…

ANI   


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Rupee falls 1 paisa to close at 83.96 against US dollar

At the interbank foreign exchange market, the local unit opened at 83.94 and touched an intrada…

PTI   


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Surge in top-up housing loans not system-wide issue, says RBI Governor

Such cases are being dealt at the supervisory level bilaterally, he said. "Such practice…

PTI