Mumbai, June 8 (UNI) Amid downward trend in retail inflation and staying in its target range, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday kept the repo rate unchanged at 6.5%.Repo rate refers to…
Mumbai: The Reserve Bank of India (RBI) on Friday retained its key short-term lending rates to subdue the unabatedly high inflation rate. However, the Monetary Policy Committee (MPC) of the central bank maintained the growth-oriented…
New Delhi : There will be no change in the repo rate, announced by Reserve Bank of India (RBI) Governor Shaktikanta Das after the meeting of the Reserve Bank's Monetary Policy Committee (MPC) today. This festive season, people will find no…
New Delhi : The six-member Monetary Policy Committee, headed by the Reserve Bank of India Governor Shaktikant Das, has given the verdict on interest rates. There was no change in interest rates. However, speaking of this year, the Reserve…
Policenama Online - The monetary policy committee (MPC), reflecting the sign of times, had yet another out of policy meeting and delivered a 40 bps repo rate cut with commensurate changes to the rest of the rates in the corridor. In its…
New Delhi, Policenama Online - In a big relief to the corporate sector, the Reserve Bank of India on Friday allowed a three month moratorium on payment of instalment in respect of all term loans outstanding on March 1, 2020."All commercial…
Mumbai, Policenama Online - In a surprise move, the Reserve Bank of India on Thursday took a 'temporary pause' in reducing key lending rates to keep the retail inflation in check.Accordingly, the RBI's monetary policy committee (MPC) in its…
New Delhi, Policenama Online – With inflation expected to remain below 4 per cent, the RBI has space to cut the lending rate further to revive growth which slipped to six-year low in April-June quarter.The CPI-based inflation is projected…