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6.5 per cent
- Repo rate or the interest rate at which the RBI lends money to commercial banks will remain unchanged at 6.5 per cent. Consequently, the standing deposit facility (SDF) rate remains unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent.
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Did RBI maintain a status quo & keep Repo rate steady?
Did RBI maintain a status quo on rates and stance?
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Will RBI maintain monetary policy status quo?
Experts widely expected the RBI MPC to keep the benchmark repo rate unchanged at 6.5% and maintain the policy stance of ‘withdrawal of accommodation’. What was decided in RBI MPC in June?
- RBI hits pause for 3rd time, maintains lending rate status ...
Amid improving macroeconomic conditions, RBI has so far...
- RBI hits pause for 3rd time, maintains lending rate status ...
RBI expected to start rate cut cycle from December this year: UBS - ET BFSI
Given the domestic inflation outlook is improving (likely to be 30bps lower than RBI's forecast of 4.5% for FY25) and global monetary easing cycle has begun ...
The Economic Times
3 days ago
This Credit Policy Will Be Different, For A Variety Of Reasons
The credit policy to be announced on October 9 is going to be special and different for a variety of reasons. This is so because as a saver one is interested ...
Free Press Journal
2 days ago
Aug 4, 2024 · The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC), which is scheduled to meet from August 6-8, is likely to keep the repo rate – the key policy rate – unchanged at 6.5 per cent, due to risks from higher food inflation.
- Hitesh Vyas
- 153
Dec 8, 2023 · The decision to maintain the status quo aligns with the predictions of economists, as per an ET Poll of 10 experts, anticipating no change in the repo rate. Notably, the committee had implemented a pause on rate hikes after raising the repo rate by 250 basis points from May 2022 to February 2023.
Dec 8, 2023 · Unsurprisingly, the Monetary Policy Committee of the Reserve Bank of India (RBI) maintained status quo on rates and stance. The RBI’s GDP growth forecast for this fiscal was revised up to 7.0% from 6.5% in view of the better-than-expected rise in the July-September quarter.
Amid improving macroeconomic conditions, RBI has so far maintained status quo on the interest rates. Since May 2022, the central bank raised the repo rate by 250 basis points.
3 days ago · Over 80% of economists, 63 of 76, in a Sept. 17-26 Reuters poll predicted the RBI would hold the repo rate , opens new tab at 6.50% at the conclusion of its Oct. 7-9 meeting. Twelve forecast a 25 ...
Oct 8, 2021 · Based on an assessment of the evolving macroeconomic and financial conditions and the outlook, the MPC voted unanimously to maintain status quo with regard to the policy repo rate and by a majority of 5 to 1 to retain the accommodative policy stance.
