MPC meet: RBI likely to change 'stance' but continue rate cut pause until Dec
HSBC says some growth indicators are softening, though it may be rotation between sectors rather than a slowdown; core inflation remains low but food and fuel could fall
mpc meeting
October 2024
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No more 2-day wait for cheque clearing, RBI cuts timing to 'few hours'
Other initiatives announced by RBI include new lending apps repository, and higher transaction limit and "delegated payments" in UPI
RBI MPC meet: Economists expect 'status quo', 1st repo rate cut likely in December 2024
A stance change is possible if food inflation outlook turns favourable on a normal distribution of rains in the second half of monsoon and in the absence of global or domestic shocks, says economist
RBI plans intelligence platform to curb payment frauds, allows auto refill in UPI Lite
The apex bank also announces the inclusion of recurring payments for FASTag, NCMC; revises the limit of bulk deposits for SCBs, small finance banks, local area banks
RBI MPC meet: Repo rate unchanged at 6.5%, FY25 GDP forecast revised to 7.2%
This is the 8th time in a row that the RBI committee has decided to keep the repo rate unchanged
Outlook for low core inflation ‘good’: FinMin
There has been a stable downward movement in core inflation and moderation in food prices; core inflation for FY24 lowest since FY21, says the ministry
RBI MPC keeps repo rate unchanged for 5th straight time
The MPC decided by a majority of 5 out of 6 members to remain focused on the 'withdrawal of accommodation'.
MPC remains vigilant of evolving inflation dynamics: RBI governor
Core inflation softened to 4.9% during July-August 2023.
Tomato price hike to cause substantial increase in inflation: RBI governor
The month of July has witnessed accentuation of food inflation, primarily on account of vegetables, says Shaktikanta Das
RBI MPC keeps repo rate unchanged at 6.5%
The MPC maintained the status quo on the key policy rate for the third consecutive time.
