RBI MPC Meeting Live: BSE Sensex closed over 800 points up on Thursday ahead of the policy RBI policy LIVE: On Thursday, the BSE Sensex continued its upward trajectory for the fifth consecutive session, gaining 809 points in volatile trading on Thursday, preceding the RBI policy review announcement. The BSE Sensex concluded at 81,765.86, showing […]
What was RBI’s policy rationale for keeping the repo rate unchanged? RBI MPC meeting: The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday decided to keep the key repo rate unchanged at 6.5% by a 4:2 majority. The decision to keep the repo rate at status quo comes at a time when the […]
The Reserve Bank of India’s decision to keep its benchmark interest rate unchanged at 6.5% for the 11th consecutive time citing continued inflationary pressures means stable EMIs for homebuyers amidst rising housing prices. RBI Monetary Policy: The Reserve Bank of India’s decision to keep its benchmark interest rate unchanged at 6.5% for the 11th consecutive […]
The six member rate setting monetary policy committee (MPC) kept the policy repo rate unchanged at 6.50 per cent by majority of 4:2 in the backdrop of retail inflation running above its 4 per cent target and the second quarter growth slowing to a two-year low of 5.4 per cent. The MPC decided to continue […]
Real estate developers are anxiously awaiting the RBI MPC decision tomorrow and desperately hoping for a rate cut, and failing that, at least a relaxation in stance that could hold out hopes for a rate cut in the future. Affordability has become important and home sales trends show that it is those in the upper […]
Nomura, which was one of the first to call out a slowdown in India’s GDP growth, has now said it expects a repo rate cut of 25bps on Friday, contrary to the consensus view of no change. According economists at Nomura, the RBI will move for a rate cut due to weaker growth and the […]
Reserve Bank of India (RBI) should cut the key repo rate by 25 basis points in its forthcoming monetary policy meeting scheduled for December 6, apart from taking a host of liquidity enhancing measures, Chandrajit Banerjee, Director General, Confederation of Indian Industry (CII) has said. A policy rate cut would lower borrowing costs, spur private […]
Notwithstanding the second quarter (Q2FY25) GDP growth slowing to a two-year low, the rate-setting monetary policy committee (MPC) is likely to stay put on the repo rate as retail inflation rose beyond its 6 per cent tolerance level in October. The six-member MPC, which is schduled to meet from December 4 to 6, is seen […]
