RBI maintains accommodative stance, leaves repo rate unchanged at 4%; hints at future relaxations
RBI had last revised its policy rate on May 22, in an off-policy cycle to perk up demand by cutting interest rate to historic low.
RBI monetary policy: Central bank extends moratorium on loans for another 3 months till August
Reserve Bank Governor Shaktikanta Das on Friday extended the moratorium on payment of loans by another three months till August to provide much-needed relief to borrowers whose income has been hit due to the coronavirus crisis
RBI monetary policy: Central bank extends Rs 15,000-cr credit line to EXIM Bank to help revive sagging foreign trade
The Reserve Bank on Friday announced a Rs 15,000-crore line of credit to the Export-Import Bank of India, to help the sagging foreign trade
RBI monetary policy: GDP growth in 2020-21 likely to be in negative territory, says Shaktikanta Das
The Reserve Bank on India (RBI) on Friday said India''s gross domestic product (GDP) growth will be in negative territory in 2020-21 as the outbreak of coronavirus has disrupted economic activities
Coronavirus Outbreak: RBI cuts repo rate by 40 bps to 4%; full text of Shaktikanta Das' statement
The Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank reduced the repo rate by 40 bps to 4 percent to ease the financial stress caused by the Covid-19 pandemic
RBI cuts repo rate by 75 bps to 4.4%; other key highlights of central bank's monetary policy review
The RBI on Friday allowed banks to put on hold EMI payments on all term loans for three months as it slashed the cost of fresh borrowing by cutting policy interest rate by steepest in more than 11 years, joining the efforts of the government to counter the economic fallout of the fast-spreading coronavirus pandemic
Intensity, duration of coronavirus outbreak to determine impact on economy: RBI
The RBI on Friday said the impact of coronavirus outbreak on the economy will depend on the intensity, spread and duration of the deadly virus even as the central bank refrained from projecting any numbers for growth and inflation amid the widespread uncertainty
Coronavirus Outbreak: RBI cuts repo rate by 75 bps; full text of Shaktikanta Das monetary policy statement
The RBI on Friday put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years as it joined the government effort to rescue a slowing economy that has now got caught in coronavirus whirlwind
Coronavirus Outbreak: RBI cuts repo rate by 75 bps to 4.40%; full text of seventh bi-monthly policy statement
All members voted for a reduction in the policy repo rate and maintaining the accommodative stance as long as it is necessary to revive growth and mitigate the impact of COVID-19 on the economy, while ensuring that inflation remains within the target
RBI monetary policy: Corporate India pitches for rate cut going forward; welcomes economy-boosting measures
India Inc on Thursday welcomed the measures announced by the RBI to boost growth and improve liquidity, but called for slashing the policy rate, which was kept unchanged for the second time in a row
RBI monetary policy: Bankers, analysts hail liquidity boosting policy measures; say its 'quite progressive and forward looking'
Bankers and analysts were positively surprised with the slew of liquidity-enabling measures announced in an otherwise expected RBI monetary policy that left the key rates unchanged at 5.15 percent
Sensex ends 163 points higher after RBI policy keeps rates unchanged, Nifty up 49 points; IndusInd, SBI, Bajaj Finance among top gainers
Rising for the fourth straight session, market benchmark Sensex ended 163 points higher on Thursday after the RBI left the policy rates unchanged but maintained its accommodative stance to boost growth
RBI monetary policy: Experts hail central bank's measures to boost economy, improve money supply
Economists and financial experts have welcomed RBI's widely expected status quo on repo rate, and other announcements to spur economic growth and ensure money supplies effectively
RBI monetary policy: Central bank rules out printing more money to cover fiscal deficit
RBI Governor Shaktikanta Das on Thursday said the central bank has no plans to monetise the rising fiscal deficit
RBI monetary policy: Central bank announces incentive for lending to MSME, home, auto sectors
In a bid to increase lending to MSME as well as to auto and home segment, Reserve Bank on Thursday tweaked maintenance of cash reserve ratio (CRR) norms by providing relaxation in calculation of total deposits
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
Decision to conduct Rs 1-lakh-cr repos to help better monetary transmission, move to help banks cut lending rates: RBI
The RBI has cumulatively cut the repo rate by 135 basis since February 2019 to a nine-year low of 5.15 percent.
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 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 monetary policy updates: Central bank has many other tools to revive growth, not just interest rates, says Shaktikanta Das
The Monetary Policy Committee (MPC) of the RBI is expected to maintain status quo on the rates keeping in view the current economic situations.