RBI Keeps Repo Rate Unchanged For 10th Consecutive Time, Monetary Policy Shifted To Neutral Stance
On Wednesday (9 October), the Reserve Bank of India (RBI) maintained the repo rate at 6.5 per cent for the 10th consecutive time. However, the central bank’s Monetary Policy Committee (MPC) shifted its stance from 'withdrawal of accommodation' to 'neutral.'
RBI 'neutral' stance: Here's what economists say about possible interest rate cuts in December
Suman Chowdhury, chief economist and executive director at Acuite Ratings and Research opines it is likely that RBI will go for a rate cut in the next policy meet in December or later in February 2025, provided the inflationary environment is stable and the headline inflation is consistently within 4.5 per cent in the next few months.
RBI’s shift to neutral stance signals potential rate cut as inflation eases
Several factors could derail the inflation trajectory as the MPC keeps its cards on a rate cut close to its chest
LIVE
RBI Monetary Policy Meeting LIVE Updates: RBI shifts stance to ‘neutral’; sets tone for potential rate cuts
The RBI’s rate-setting panel kept the benchmark repo rate unchanged at 6.5% and changed policy stance to ‘neutral’. FY25 GDP estimates and CPI inflation forecast were retained.
India cenbank holds rates, shifts stance to 'neutral' signalling rate cuts ahead
The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday as widely expected, but changed its policy stance to "neutral", opening the door for rate cuts amid early signs of a slowdown in the economy.
RBI holds interest rate but shifts policy stance to ‘neutral’ signalling future rate cuts
The Reserve Bank of India (RBI) held its key interest rate at 6.50% on Wednesday, while signaling potential for future rate cuts by shifting its policy stance to “neutral” from the previous “withdrawal of accommodation.
RBI Keeps Repo Rate Unchanged at 6.50%; Stance at Being "Neutral"
The committee unanimously agreed to shift to a 'neutral' stance, with a clear focus on achieving sustained alignment of inflation with the target, while continuing to support economic growth
India cenbank holds rates as expected, shifts stance to 'neutral'
The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday, as widely expected, but tweaked its policy stance to "neutral", opening the door for rate cuts amid early signs of a growth slowdown in the economy.
RBI keeps repo rate unchanged at 6.5%, shifts to neutral stance
In its latest monetary policy meeting, the Reserve Bank of India ( RBI ) kept the repo rate unchanged at 6.5 per cent for the 10th consecutive time. The decision, made by a majority of 5 out of 6 members of the Monetary Policy Committee (MPC),
RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral
The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) meeting today, with Governor Shaktikanta Das expected to announce the central bank's decision on policy rates.
The Financial Express30m
RBI Monetary Policy Meeting 2024 Live Updates: RBI keeps repo rate UNCHANGED, stance changed to NEUTRAL and inflation remains the big focus
RBI Monetary Policy October 2024 Live, Gov Shaktikanta Das Announcements Live Updates: With the RBI MPC meeting on its third ...
Outlook Business19m
RBI Announces Formation of Data Depository on Climate Change
RB-CRIS will consist of a web-based directory, listing various data sources, (meteorological, geospatial, etc.) and a portal ...
ABP Live on MSN33m
RBI MPC October 2024: Central Bank Maintains Repo Rate, Keeping Home Loan EMIs Stable
This announcement from the MPC provides crucial stability and relief for homeowners. The consistent rates reflect a positive ...
RBI keeps options open for a cut in December or February but rate cycle to be shallower
Julius Baer's Unmesh Kulkarni expects domestic rate cycle to be shallower than that of the western countries and other ...
Rupee may inch up tracking Asia FX; RBI decision, Fed minutes loom
The Indian rupee is expected to rise marginally at open on Wednesday, tracking a recovery on Asian peers and the drop in oil ...
14 big reasons for RBI's confidence in India's 'resilient' growth story
Monetary Policy Committee (MPC) on October 9 said, ‘Resilient growth gives us the space to focus on inflation so as to ensure ...
moneycontrol.com36m
RBI’s monetary policy prioritises global economic headwinds
The potential conflict of RBI’s mandate for price stability with the public debt management is the formidable challenge ...
Rupee finds breathing room as oil prices fall; RBI decision awaited
The Indian rupee rose slightly on Wednesday, comforted by a decline in oil prices and gains in most of its regional peers, ...
newsbytesapp.com2h
RBI to establish climate risk information system for financial institutions
The Reserve Bank of India (RBI) has announced plans to develop a data repository for financial institutions, one that will ...