If external headwinds remain and growth starts to decelerate, MPC likely to cut rates in December: Report

If external headwinds remain and growth starts to decelerate, MPC likely to cut rates in December: Report

If external headwinds persist and domestic growth begins to decelerate, the Monetary Policy Committee (MPC) is likely to consider cutting policy rates in its December meeting, according to a report by ICICI Bank. The report highlighted that the odds of further monetary easing have increased following a noticeable shift in the MPC’s policy language. In…

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RBI MPC: Rate-sensitive stocks rally after RBI’s 50 bps repo cut; banking, realty, auto record high

RBI MPC: Rate-sensitive stocks rally after RBI’s 50 bps repo cut; banking, realty, auto record high

D-Street was pleasantly surprised as RBI slashed the repo rate by 50 basis points on Friday, June 6, pushing rate-sensitive stocks into sharp recovery mode. The repo rate now stands at 5.5 per cent, compared to 6 per cent earlier. The central bank also shifted its stance from ‘accommodative’ to ‘neutral’, signaling a broader reset in…

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