Monetary Policy Committee
Despite rising inflation, RBI holds interest rates at lowest-ever
April 9, 2022
The Monetary Policy Committee of the Reserve Bank of India that ended its two-day meeting on Friday has decided to keep the repo and reverse repo rates at 4 pc and 3.5 pc respectively, the lowest-ever levels for both the benchmark rates. The decision was taken even as the MPC and...
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Second wave wipes off economic revival hopes
May 22, 2021
On April 7, after its Monetary Policy Committee meeting, the Reserve Bank of India, country’s central bank, maintained its projection for India’s GDP growth in the current fiscal at 10.5 pc, despite clear signs of the second wave of Covid-19 pandemic spreading in some parts o...
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Reserve Bank of India leaves repo rate untouched
December 8, 2016
Much against the popular expectation, the Reserve Bank of India on Wednesday chose not cut the repo rate. It was left untouched at 6.25 pc.
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