The Monetary Policy Committee (MPC) met on 4th, 5th and 6th October 2023. RBI has maintained the repo rate steady at 6.5%. It is the fourth time that RBI has kept the repo rate unchanged. The MPC last raised this rate from 6.25% to 6.50% at its meeting in February 2023. The standi...
The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2 per cent, while CPI inflation for the fiscal year is expected to moderate to 4.5 per cent, post Monetary Policy Committee (MPC) meeting on Wednesday. Reserve Bank of India (RBI) ...
The next meeting of MPC will take place from October 7 to 9, 2024. Topic: RBI 2. The transaction limits for tax payments through UPI will be increased from ₹1 lakh to ₹5 lakh, as per RBI. Delegated payments through the Unified Payments Interface (UPI) will be introduced. ...
Mumbai, Oct 6:The Reserve Bank of India (RBI), as was widely expected, left the key lending rate unchanged at a fourth policy meeting in a row on Friday with a focus on growth even though inflation is currently above its comfort level. “MPC (Monetary Policy Committee) voted unanimously ...
gdp growth numbers surprise to the downside. still, we believe the rbi is in no immediate hurry and will wait until its first meeting in 2025 to loosen monetary policy settings." (other stories from the october reuters global economic poll) (reporting by...
The Governor said, “the MPC unanimously decided to keep rates unchanged in this meeting with readiness to act if the situation so warrants. The MPC will not hesitate to act as needed in future meetings”. While keeping the interest rate intact, the Governor stressed that core inflation remains...
A single platform to Sell or Buy NBFC Companies or Bombay Stock Exchange Listed companies and other Businesses for Sale
This four-day high-level meeting will bring together the world's trade ministers to evaluate the functioning of the multilateral trading system and chart the future of the WTO. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade of the UAE is chairing the conference. ...
The next meeting of the RBI MPC will be held October 4-6. With effect from the fortnight beginning August 12, scheduled commercial banks will maintain ICRR of 10% on the increase in their net demand and time liabilities (NDTL) between May 19 and July 28. ...
2. RBI has kept policy repo rate unchanged at 6.5% in monetary policy review meeting. RBI Bi-Monthly Monetary Policy Committee (MPC) meeting was held on December 6-8, 2023. This is for the fifth time in a row that the MPC has maintained the status quo. ...