RBI MPC Highlights: Repo rate unchanged at 6.5%, stance changed to ‘Neutral’
RBI MPC Highlights: The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday, as widely expected, but tweaked its policy stance to "neutral", opening the door for rate cuts amid early signs of a growth slowdown in the economy. Shaktikanta Das' announcement comes after the three-day meeting of the six-member RBI Monetary Policy Committee (MPC) which will end today. Moreover, this is the first RBI MPC meeting after three new external members appointed by the government on the panel....Read More
Read more: Is RBI moving closer to a rate cut or will that happen in December?
It was widely expected by experts that RBI’s rate-setting panel will keep the benchmark repo rate unchanged at 6.5% for the tenth straight meeting to balance inflation and economic growth.
RBI MPC LIVE pdates: Should you expect a status-quo on interest rate from RBI today?
RBI MPC LIVE Updates: The Reserve Bank is unlikely to cut the benchmark interest rate as retail inflation remains a cause of concern and there is a possibility of the Middle East crisis of deepening more, experts say.
RBI MPC LIVE Updates: Why foreign banks are looking at RBI's repo rate decision today?
RBI MPC LIVE Updates: Foreign Banks expect the Reserve Bank of India (RBI) to keep policy rate unchanged at 6.5 per cent. However, some see the central bank changing stance at the upcoming Monetary Policy Committee (MPC) meeting on October 7-9.
RBI MPC LIVE Updates: Three new external members in the RBI for this policy meeting
RBI MPC Live Updates: RBI has three new external members appointed by the government on the six-member panel. These include economist Saugata Bhattacharya, Dr Nagesh Kumar, Director, Chief Executive of the Institute for Studies in Industrial Development and professor Ram Singh, Director of the Delhi School of Economics, University of Delhi.
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RBI MPC LIVE Updates: When will Shaktikanta Das announce policy decision today?
RBI MPC Live Updates: The three-day meeting of the six-member RBI Monetary Policy Committee (MPC) ends today. BI Governor Shaktikanta Das will announce the policy decision at 10:00am today.
cc Will RBI keep repo rate unchanged?
RBI MPC Live Updates: The RBI’s rate-setting panel is expected to keep the benchmark repo rate unchanged at 6.5% for the tenth straight meeting although the central bank may change its policy stance of ‘withdrawal of accommodation’.
