RBI MPC likely to maintain status quo, all eyes on repo rate
Dhiraj Relli, MD and CEO, HDFC Securities said while they do not expect the RBI to start its rate cut cycle, the possibility of a change in stance to neutral is on the table.
Dhiraj Relli, MD and CEO, HDFC Securities said while they do not expect the RBI to start its rate cut cycle, the possibility of a change in stance to neutral is on the table.
The six-member committee began deliberations on interest rates and analysing the state of the economy amid tensions in the Middle East. The RBI Governor will announce the MPC decision on October 9.
The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and will run from October 7 to October 9.
The year-on-year inflation rate (3.65 per cent), based on the All India Consumer Price Index (CPI), for the month of August was the second lowest in the last five years.
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that external factors like weather conditions and international commodity prices do not cause any disruptions, the credit rating agency, Crisil said in its report.
Improving outlook for global trade and rising integration in global supply chain will support net external demand.
Tthe Reserve Bank of Indiais likely to maintain the policy repo rate at 6.50 per cent for the sixth consecutive meeting, economists predict as the central bank is set to have its Monetary Policy Committee (MPC) meet on Thursday.
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will not change the repo rate at their meeting next…
As predicted by economists, the Reserve Bank of India’s Monetary Policy Committee (MPC) did not change the repo rate from…
After the Citizenship (Amendment) Act (CAA), the Uniform Civil Code (UCC) is also being opposed by most of the non-BJP parties, including the allies of the saffron party, in the northeastern region where people belonging to Hindu, Christian and Muslim communities live in reasonable numbers.
