Monetary Policy Stance

RBI cuts interest rates by 25 bps to 5.75% third time this year to boost growth; changes stance to accommodative

Slashing benchmark lending rates for the third time this year, the Reserve Bank of India cut its repo rate by 0.25 percent Thursday and said its future monetary policy stance will be more accommodative

RBI monetary policy: Central bank removes charges on RTGS, NEFT transactions; asks banks to pass on benefits to customers

The Reserve Bank of India (RBI) on Thursday said it has done away with charges on fund transfers through RTGS and NEFT routes to boost digital transactions and asked banks to pass on the benefits to customers

RBI cuts repo rate for third time in a row this year; other highlights of central bank's monetary policy statement

Slashing benchmark lending rates for the third time this year, the Reserve Bank of India cut its repo rate by 0.25 percent on Thursday and said its future monetary policy stance will be more accommodative

RBI monetary policy: Central bank raises retail inflation forecast for April-September 2019 to 3-3.1%

The Reserve Bank of India (RBI) on Thursday raised the retail inflation forecast marginally to 3-3.1 percent for the first half of the current fiscal, tracking uptick in food prices - mainly vegetables, albeit expectations of a normal monsoon this year

RBI monetary policy: Central bank lowers economic growth forecast to 7% for current fiscal

The Reserve Bank of India (RBI) on Thursday lowered the economic growth forecast for the current fiscal to 7 percent due to slowdown in domestic activities and escalation in a global trade war