Budget 2020

RBI money policy: EMIs stable, call for tax cut on fuel & other takeaways

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 […]

News Headlines

RBI monetary policy Live updates: Shaktikanta Das takes RTGS, NEFT facilities beyond banks – The Economic Times

!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 […]

Budget 2020

RBI repo rate kept unchanged: What FD investors, home loan borrowers can do now

The Reserve Bank of India (RBI), in its latest bi-monthly monetary meet held from February 3 to 5, 2021, has decided to keep the repo rate unchanged yet again. This is the fourth time in a row the apex bank has kept the key rates unchanged. The repo rate and reverse repo rate remain at […]

News Headlines

Citing inflation concern, RBI holds key rate; says recovery needs support

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 […]

Budget 2020

‘Surprised RBI thinks GDP growth can turn positive in Q4’

We are looking at 10-year bond yield remaining supportive to well within 6% for this year and we see space for another 25-50 bps policy easing in the rest of FY21, Tanvee Gupta Jain, Chief India Economist, UBS Securities. First thoughts on the monetary policyThere was a sense of optimism in the RBI governor’s speech […]