Repo Rate

01 Oct

RBI keeps repo rate unchanged at 5.5% for second consecutive time

nishuthapar10 CommentsIndiaRBI, Repo Rate

National Times Bureau :- The Reserve Bank of India on Wednesday decided to keep the key repo rate unchanged at 5.5%. The decision was taken after the Monetary Policy Committee (MPC) concluded its three-day meeting led by Governor Sanjay Malhotra. RBI Governor Sanjay Malhotra announced that the central bank maintained its neutral stance. "After a detailed assessment of the evolving macroeconomic conditions and the outlook, the MPC voted unanimously to keep the policy repo rate unchanged at 5.5%. Consequently, the SDF rate remains at 5.25%, while the MSF rate and the bank rate remain at 5.75%. The MPC also decided…

07 Feb

RBI Cuts Repo Rate by 25 Basis Points to 6.25% Under New Governor Sanjay Malhotra

nishuthapar10 CommentsBusinessRBI, Repo Rate

In his inaugural Monetary Policy announcement on Friday, Reserve Bank of India (RBI) Governor Sanjay Malhotra revealed that the Monetary Policy Committee (MPC) has unanimously decided to lower the policy rate by 25 basis points, bringing it down from 6.5% to 6.25%. Malhotra addressed the challenges posed by the current global economic landscape, noting that while high-frequency indicators point to resilience and growth in trade, overall global growth remains below historical averages. "Progress on global disinflation is stalling, hindered by rising services prices," he stated. He also discussed the dynamics of global financial markets, indicating that expectations regarding the size…