Michael Debabrata Patra

RBI monetary policy: Central bank keeps benchmark interest rate unchanged at 5.15%; maintains accommodative policy stance

The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 percent, maintaining its accommodative policy stance as long as it was necessary to revive growth

RBI monetary policy: Central bank raises CPI inflation projection to 6.5% for January-March; overall outlook 'highly uncertain'

The Reserve Bank of India on Thursday revised upwards its retail inflation projection for the last quarter of the current fiscal to 6.5 percent owing to likely increase in input costs for milk and pulses amid volatile crude oil prices

RBI keeps benchmark interest rate unchanged at 5.15%; other key highlights of monetary policy review

The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 percent, maintaining its accommodative policy stance as long as it was necessary to revive growth

RBI monetary policy: Governor Shaktikanta Das says central bank has many other tools to revive growth, not just interest rates

After leaving benchmark interest rates rates unchanged in the second consecutive policy review, RBI governor Shaktikanta Das on Thursday said the central bank has many other instruments to address the sluggishness the economy, not just interest rates

RBI monetary policy: Central bank estimates GDP growth to expand at 6% in next fiscal; expects rural private consumption to recover

The Reserve Bank of India on Thursday projected the economy to expand by 6 percent during the next financial year, pegging it at the lower end of the GDP growth estimate of the Economic Survey

RBI keeps repo rate unchanged at 5.15%: Full text of sixth bi-monthly policy statement for fiscal 2019-20

All members of the MPC –  Chetan Ghate, Pami Dua, Ravindra H. Dholakia, Michael Debabrata Patra, Bibhu Prasad Kanungo and Shaktikanta Das – voted in favour of the decision. the RBI said.

RBI keeps repo rate unchanged at 5.15%: Full text of fifth bi-monthly policy statement for fiscal 2019-20

The Reserve Bank of India (RBI) on Thursday has kept the key short-term lending (repo) rate unchanged at 5.15 percent at its fifth bi-monthly monetary policy review of the ongoing fiscal

RBI MPC minutes: Weakening growth prompted central bank governor Shaktikanta Das to go for unconventional 35 bps rate cut

Weakening of domestic growth impulses prompted RBI Governor Shaktikanta Das to opt for an unconventional rate cut of 35 basis points to push economic activities early this month, said the central bank on Wednesday

Economy to pick up in Q4 due to faster remonetisation: Urjit Patel

Patel, during the two-day Monetary Policy Committee meeting on February 7-8, also said that shifting monetary policy stance from accommodative to neutral will provide sufficient flexibility to move the policy rate in either direction.