The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday unanimously decided to keep the key policy repo rate unchanged at 5.25 per cent, citing resilient domestic growth, a benign inflation outlook and rising global uncertainties.
Announcing the Monetary Policy Committee (MPC) decision on Friday, Reserve Bank of India (RBI) Governor Sanjay Malhotra emphasised the need for banks and non-banking financial companies (NBFCs) to place customers at the centre of their operations.
The RBI’s monetary policy committee (MPC) on Friday slashed its forecast for India’s inflation rate for the financial year 2025-26 to 2 per cent -- from 2.6 per cent predicted in October due to the sharp decline in food prices and the GST rate cuts playing out.
The Reserve Bank of India's (RBI’s) Monetary Policy Committee (MPC) started its bi-monthly meeting on Monday, which will last two days, with the rate decision to be announced on Wednesday, October 1.
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday announced that the Monetary Policy Committee (MPC) decided to reduce the policy repo rate by 50 basis points (bps) to 5.5 per cent.
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.
RBI Governor Shaktikanta Das on Thursday announced that the Monetary Policy Committee (MPC) has decided with a majority of 4:2 members to keep the policy rate unchanged at 6.5%.
Reserve Bank of India's (RBI) Governor Shaktikanta Das on Friday said the Monetary Policy Committee (MPC) has decided to keep the policy rate unchanged for the eighth time in a row at 6.5 per cent.
