India Inc. welcomes RBI’s policy stance
The Reserve Bank of India kept the repo rate unchanged at 4% and maintained its policy stance as 'accommodative'.
repo rate
October 2020
September 2020
May 2020
April 2020
RBI relief for Covid-19 pain
Monetary policy committee keeps rates unchanged; central bank announces new measures to mitigate pandemic woes, as it sees 9.5% contraction in real GDP for FY21.
All eyes on the new faces in Reserve Bank’s MPC
The Reserve Bank of India will unveil its monetary policy statement on October 9. The central bank is expected to hold rates for now, but what will be the broader signal from Mint Road?
Economic recovery likely to be gradual: Das
Reserve Bank of India governor Shaktikanta Das says that efforts towards reopening the economy are confronted with rising Covid-19 infections.
RBI CUTS REPO RATE BY 40 BPS IN FRESH SALVO
Moratorium extended, banks’ group exposure increased to 30%; slew of measures to support economy affected by Covid-19.
The tale of India’s interest rates
The latest repo rate cut marks 128 policy rate actions from the Reserve Bank of India, since April 2001; the repo and reverse repo rate have been tweaked 61 and 55 times each since then.
RBI MEASURES IMPRESS MARKETS
Round II of RBI’s Covid-19 crisis measures was received by the Sensex and the Nifty 50 gaining 1,116 and 331 points each before closing 986 and 273 points higher from the previous day’s close.
‘Markets should start pricing in better times ahead’
Coronavirus could be a catalyst for resetting the agenda of India’s financial market reforms, says Mark Matthews, head of research-Asia, Julius Baer.
The build-up to RBI’s ‘bazooka’
Minutes of RBI’s Monetary Policy Committee meeting highlight that members were divided on the space for future rate cuts.
Eased liquidity may not have takers
With most industries having made a hard stop, the ‘productive on-lending’ that the RBI envisages may remain a pipe dream.
