KeyDevelopmentssincetheApril2023MPR1I.2:TheOutlookforInflation4I.3:TheOutlookforGrowth8I.4:BalanceofRisks10I.5:Conclusion14BoxI.1:MonetaryPolicyReportsasaCommunicationTool:TextualAnalysis7BoxI.2:InflationCo-movementsandIdiosyncrasies:ACross-CountryAnalysis11ChapterII:PricesandCosts15II.1:ConsumerPrices15II....
New Delhi, June 6:The Reserve Bank of India’s rate-setting monetary policy committee (MPC) on Tuesday began its three-day-long deliberations on deciding the key repo rates. The panel will announce, on June 8, its decision whether to hold the rates (which it had done during it’s...
Monetary Policy, Reserve Bank of IndiaUnconventional Monetary PolicyBond YieldsForward GuidancePandemicWe investigate how the bond market responded to the Reserve Bank of India's (RBI) monetary policy actions undertaken since the start of the pandemic. Our approach involves combining a narrative analysis...
“We welcome the decision of the Monetary Policy Committee of the Reserve Bank of India to keep repo rates unchanged. This decision will benefit everyone, ensuring liquidity in the market and adding to the festive cheer. The stability in interest rates is a relief for developers who are navigat...
The Reserve Bank of India (RBI) will create a public repository for Digital Lending Apps, Governor Shaktikanta Dassaidat the Monetary Policy Committee (MPC) meeting on August 8, 2024. The repository aims to combat the spread of fraudulent digital lending apps. The RBI also announced that it ...
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. ...
Mumbai:The Reserve Bank of India’s (RBI) fight against inflation is far from over, Governor Shaktikanta Das said at the Monetary Policy Committee (MPC) meeting, as per the meeting’s minutes. The MPC met on April 3, 5 and 6 this year and decided to pause on the repo rate...
The Reserve Bank of India has imposed a monetary penalty of Rs 1.91 crore on Axis Bank for operating a technology service provider and violating the Banking regulation Act, 1949. Section 6 of the Act, which charts the activities permissible for a bank to undertake, does not include operating ...
This is against real GDP growth of 7.8% projected in the April 2023 Bi-monthly Monetary Policy Statement. The nowcast GDP growth is based on partial data available for April 2023. The nowcast GDP growth is based on assuming an implied GDP growth of 5.1% for Q4 (January-March) FY23. ...
financial stability of the country and the officers are responsible for the smooth functioning. The officers are entitled to enhance the confidence of the public in the financial system of the country and make them use the cost-effective and new technology services provided by the bank to its ...