The Reserve Bank of India (RBI) released the minutes of the Monetary Policy Committee (MPC) meeting on Friday, February 21, highlighting that India's repo rate reduction was an appropriate policy ...
Kumar, along with RBI Governor Sanjay Malhotra and three other members, had opted for a 25 basis points repo rate cut during the MPC meeting in February, bringing the short-term lending rates down ...
RATE CUT IN FEBRUARY; BUT HOW MUCH MORE? The RBI Monetary Policy Committee (MPC), in its Feb 05-07 meeting, cut repo rates by 25 bps to 6.25%. This lowered the SDF rate also by 25 bps to 6.00% ...
(Image Source: Reuters) After a long-awaited rate cut of 25 bps in February, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to reduce the key interest rate by ...
The move, under new RBI Governor Sanjay Malhotra, who chairs the MPC, comes amidst concerns of slowing growth and ebbing consumer demand that the Budget too tried to address with massive tax cuts ...
Economists expect that the Reserve Bank of India will continue on its monetary policy easing cycle following the release of the minutes of RBI Monetary Policy Committee (MPC)'s February meet.
Nagesh Kumar, an external member of the Reserve Bank of India’s (RBI's) Monetary Policy Committee (MPC), told Moneycontrol in an interview that the repo rate is only one of many factors that ...
Image: ANI Malhotra, along with five other members of the Monetary Policy Committee (MPC) had voted for a 25 basis points reduction in the short-term lending rate (repo) to 6.25 per cent. The RBI at ...
The RBI MPC, during its last meeting in February, voted unanimously to reduce the policy rate to 6.25 per cent. (Image/Reuters) The Reserve Bank of India (RBI) seems to be caught in a Catch-22 ...
Reserve Bank of India (RBI) Monetary Policy Committee member Dr. Nagesh Kumar was keen on opting for a 50 basis point rate cut given the economic slowdown, but ultimately voted for a 25 bps cut ...
Floating rate retail loans such as home loans and mortgage loans are turning cheaper as major banks are giving effect to the recent 25 basis points repo rate cut by RBI’s Monetary Policy ...