FMCG Shares Gain as RBI Cuts Inflation Forecast
Shares of fast-moving consumer goods (FMCG) were trading in the green despite weak market conditions on 9 April after the Reserve Bank of India’s (RBI)...
Tag : Monetary Policy Committee (MPC)
RBI Raised Transaction Limit for UPI 123Pay to Rs 10,000 and for UPI Lite Wallet to Rs 5,000
During the Monetary Policy Committee (MPC) announcement, Das stated that the per-transaction limit for UPI 123Pay will be increased from Rs 5,000 to Rs 10,000,...
RBI Keeps Repo Rate Unchanged at 6.5%, Changes Stance to Neutral
The Reserve Bank of India’s Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5% but has shifted its stance to...
First RBI MPC Meeting in 2024: Repo Rate Unchanged at 6.5%, Real GDP Growth in FY25 Projected at 7%
The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has kept repo rates unchanged at 6.5%, in line with widespread expectations. This decision came...
RBI MPC Keeps Repo Rate Unchanged at 6.5%, Raises Inflation Forecasts
Reserve Bank of India (RBI) governor Shaktikanta Das announced on Thursday that the RBI’s monetary policy committee (MPC) unanimously decided to keep the repo rate...
Bank of England Hikes Rate to 5%, Highest Since 2008
On Thursday, the Bank of England (BoE) raised its interest rates by 50 basis points (bps) or half a percentage point, a bigger-than-expected rise. The...
RBI MPC’s First Meeting Concluded, Repo Rate Constant
Reserve Bank of India (RBI) Governor Shaktikanta Das’ address marks the conclusion of the first Monetary Policy Committee (MPC) meeting of the fiscal year 2023-24...
RBI MPC Lowers Inflation Forecast, Projects Faster Growth for FY24
On Thursday, the governor of the Reserve Bank of India (RBI), Shaktikanta Das, announced that the Monetary Policy Committee (MPC) had reduced its Consumer Price...
RBI Policy – Repo Rate Kept Unchanged at 6.5%
On April 6, the Monetary Policy Committee (MPC) chose to retain the repo rate, considering the chaos caused by the global banking crisis with contagion...
SBI Loans to be Costlier as Bank Hikes Key Lending Rate
State Bank of India (SBI) has announced a 10 basis point (bps) hike in the marginal cost of fund-based lending rate (MCLR) across the tenor....
