RBI Governor Shaktikanta Das said the Monetary Policy Committee kept its estimate for economic growth unchanged at 10.5 percent for the current fiscal
RBI governor Shaktikanta Das said the Monetary Policy Committee kept its estimate for economic growth unchanged at 10.5 percent for the current fiscal
RBI says economy to contract at 7.5% for FY21; keeps repo rate unchanged at 4% in accommodative stance
The central bank, which had previously expected the economy to shrink 9.5 percent in the year to March, revised its forecast after a shallower-than-expected decline in GDP in the July-September quarter
RBI Monetary Policy 2019 Updates: Nifty around 11,900, Sensex down by 300 points as central bank cuts repo rate by 25 bps to 5.75%
Slashing benchmark lending rates for the third time this year, RBI cut its repo rate by 0.25 per cent Thursday and said its future monetary policy stance will be more accommodative.
The central bank’s monetary policy committee lifted the repo rate by 25 basis points to 6.25 percent, the first increase since January 2014,
RBI policy updates: Despite the hike, central bank's neutral stance puts it ahead of the curve: Analyst
RBI may use June meeting to shift its policy communication to an explicit tightening bias away from the neutral bias it has held since February last year
Indian markets have opened marginally higher, with the BSE Sensex trading at 16,800, up 52 points, while Nifty trades at 5,060, up 16 points.