Recent Highlights
All Stories for Michael Debabrata Patra
RBI monetary policy: Central bank keeps benchmark interest rate unchanged at 5.15%; maintains accommodative policy stance
• 5 years agoThe 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'
• 5 years agoThe 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
Fp Staff • 5 years agoThe 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
• 5 years agoAfter 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
• 5 years agoThe 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
Fp Staff • 5 years agoAll 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
Fp Staff • 5 years agoThe 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
• 6 years agoWeakening 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
• 8 years agoPatel, 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.