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RBI cuts repo rate by 40 bps: It is unexpected like rain in summer; regulatory, monetary measures to boost economy, say experts
Fp Staff • 5 years agoThe Reserve Bank of India (RBI) on Friday slashed the benchmark lending rate by 40 basis points to mitigate the impact of COVID-19 crisis.
Coronavirus Outbreak: RBI slashes benchmark lending rate by 40 bps; extends moratorium on loans for another 3 months
Fp Staff • 5 years agoIn an off-cycle meeting of the Monetary Policy Committee (MPC), the decision was taken unanimously to cut repo to support growth.
Intensity, duration of coronavirus outbreak to determine impact on economy: RBI
• 5 years agoThe 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
High inflation restricts RBI from choosing non-rate tools to support growth, says governor Shaktikanta Das
• 5 years agoTill the space for a cut does not get available, the RBI will depend on liquidity management and ensuring the better transmission of past cuts to boost growth, Shaktikanta Das said
RBI holds policy rates: Central bank is caught in a tight spot to balance growth and inflation worries
Dinesh Unnikrishnan123 • 5 years agoThe Budget announced by finance minister Nirmala Sitharaman was a lost opportunity to revive the demand scenario
RBI monetary policy updates: Central bank has many other tools to revive growth, not just interest rates, says Shaktikanta Das
Fp Staff • 5 years agoThe Monetary Policy Committee (MPC) of the RBI is expected to maintain status quo on the rates keeping in view the current economic situations.
Sensex rises over 100 points ahead of RBI monetary policy outcome, Nifty above 12,100; HCL Tech, ITC, Maruti top gainers
Fp Staff • 5 years agoThe Sensex was trading 125.32 points or 0.30 percent higher at 41,267.98, and the broader NSE advanced 46.20 points, or 0.38 percent, to 12,135.35
RBI policy: Inflation concerns seem to have taken front-seat again, expect more rate cuts next year, say experts
Fp Staff • 5 years agoRBI’s decision to not lower interest rate has come as a surprise and a bit of a disappointment
RBI MPC starts deliberations on monetary policy review amid high expectations of yet another repo rate cut
• 5 years agoRBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC) on Tuesday started its three-day deliberations on the policy review amid high expectations of another round of reduction in the key policy rate to revive the sagging economy
With a 35 bps rate cut bonanza, Reserve Bank of India gifts Centre what it has been asking for; what now?
Dinesh Unnikrishnan123 • 6 years agoBy gifting an unconventional 35 bps rate cut, the MPC has delivered what the government wanted