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NEW DELHI: The Reserve Bank of India on Wednesday tried to strike a conciliatory note by delivering on the expectations and extending an olive branch to bond traders, who had been revolting in the recent past. The Monetary Policy Committee of RBI decided to keep the policy rate unchanged, maintained growth projections, pledged to keep […]
!1 New UpdateClick here for latest updates How RBI plans to ringfence India from a second surge RBI has allowed fintech cos, payment companies to be a part of centralised payment systems – RTGS and NEFT WMA limit for state and UTs increased 46% to Rs 47,010 crore RBI enhances the maximum end-of-day balance limit […]
Mumbai: The government is soon going to review the inflation target for the Reserve Bank of India’s Monetary Policy Committee for the first time since the target was first set five years ago. There have been media reports that the Centre is considering a proposal to raise MPC’s medium-term inflation target to 5 per cent, […]
!1 New UpdateClick here for latest updates CPI Projection is revised to 5.2-5% in H1FY22 Vs 5.2-4.6% forecast earlier H1FY22 GDP growth seen in the range of 8.3-26.2% and 6% in Q3FY22: RBI RBI projects CPI inflation at 5.2% In Q4 FY21 Investment-oriented stimulus given under Atmanirbhar Bharat have begun to show results: RBI Guv […]
The Reserve Bank of India (RBI) on Friday left key policy rates unchanged for the third time in a row in the wake of persistently high retail inflation, even as it pointed to the economy, which contracted in the last two quarters, showing signs of an early recovery. The six-member Monetary Policy Committee (MPC) decided […]
NEW DELHI: The decision of the monetary policy committee (MPC) of the Reserve Bank of India stated one thing sharply — the focus right now is more on reviving growth than containing the burgeoning inflation. RBI governor Shaktikanta Das indicted that the committee is in a tight spot as rising inflation is a threat but […]