RBI Governor to announce decision on repo rate today; Economists expect a pause, the industry’s eyes are turned

Sanjay Malhotra, Governor of the Reserve Bank of India (RBI) | Photo credit: HEMANSHI KAMANI Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rate at 10 am today, while the three-day Monetary Policy Committee (MPC) meeting will conclude on Friday. Financial markets remain divided on expectations from the MPC, with economists […]

RBI keeps the status quo on rates, announces measures to stimulate bank credit

Reserve Bank of India Governor Sanjay Malhotra | Photocredit: Kunal Patil The Tarief Panel of the RBI preferred to keep the powder dry, thereby maintaining a status quo on the policy repair percentage, in the midst of benign inflation conditions and probability of risks of growth that comes from long-term geopolitical tensions, rate-related developments and […]

RBI has rates, signals policy space; Managers of fixed -income incomes see the scope for the reduction of December

The Monetary Policy Committee (MPC) of the Reserve Bank of India held the Repo rate on Wednesday unchanged at 5.5% and maintained its neutral attitude, even when it hit a clear Dovish tone. The Central Bank emphasized that the shortage in the current account has been moderated to 0.2% of GDP, whereby the resilience of […]

RBI panel proposes to keep WACR as a policy goal and to end a 14-day VRR/VRR auctions

Panel suggests a new liquidity approach with shorter repos and retains the CRR -minimum on the current 90%. | Photocredit: Bloomberg The internal working group of the Reserve Bank of India (RBI) that revised the Liquility Management Framework (LMF) has recommended to maintain the overnight-weighted average call rate (WACR) as the operational target and the […]