Rbi Repo Rate
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RBI projects economic growth at 6.4% for next fiscal
•Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the RBI's internal survey says manufacturing, services and infrastructure sector firms are optimistic of the business outlook
RBI maintains status quo; leaves benchmark lending rate unchanged at 4%
•This is the tenth time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained status quo
RBI Monetary Policy: Amid Omicron scare, central bank keeps repo rate unchanged at 4% for ninth time
Fp Staff •RBI Governor Shaktikanta Das said that the repo rate was unchanged for the ninth consecutive time while maintaining an ‘accommodative stance’ as long as necessary
RBI to release monetary policy today, likely to maintain status quo on key rates; here's what to expect
Fp Staff •In the last policy review in October, the RBI had kept the key lending rates unchanged for eight consecutive times
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
Rupee rises 56 paise to 74.60 in early trade; tracks positive opening in domestic equities
•The Indian rupee appreciated by 56 paise to 74.60 against the US dollar in early trade on Friday tracking positive opening in domestic equities, as investors awaited positive cues from the Reserve Bank of India to tide through the coronavirus crisis
Govt may cut interest rate on PPF, NSC, other small savings schemes in April-June quarter
•The government is considering rate moderation for small savings schemes in the upcoming quarter, a development that could lead to speedier transmission of monetary policy rate cuts, sources said
RBI begins monetary policy review meet; interest rate cut on cards to boost economy
•The RBI on Tuesday began its rate-setting huddle amid widespread expectations that the Monetary Policy Committee (MPC) headed by Governor Shaktikanta Das would slash benchmark interest rate to revive the sagging economy
RBI likely to reduce repo rates by 25 bps on 4 October amid weak economic activity, benign inflation: Goldman Sachs
•The RBI is expected to go for a further rate cut in the ensuing monetary policy review meet amid weak economic activity and benign inflation, Goldman Sachs said in a report on Monday
ICICI Bank lowers lending rates by 10 bps effective 1 September; lender's one-year MCLR come down to 8.55%
•The second-largest private sector lender ICICI Bank has cut its lending rates by 0.10 percent across all maturities, sources said on Wednesday