rate decision Archives

Is a rate cut on cards? Sanjay Malhotra to announce decision at 10 am—10 things to know

Topnewsplus2 months ago01 mins

RBI Governor Sanjay Malhotra is set to announce a key rate decision in a press briefing slated to begin at 10 am on Wednesday, October 1. Most economists expect no change in the repo rate — the key interest rate at which the RBI lends short-term funds to commercial banks — in this review, just…

RBI keeps repo rate unchanged at 5.5%; maintains ‘neutral’ policy stance

Topnewsplus4 months ago05 mins

RBI Repo Rate Unchanged: The Reserve Bank of India on Wednesday kept the benchmark repo rate unchanged at 5.5 per cent, as the Monetary Policy Committee struck a balanced tone between softening inflation and resilient economic growth. The decision unanimously backed by all six MPC members was widely expected, though the central bank’s lowered inflation forecast…