RBI MPC Meeting 2024 LIVE: Repo rate expected to remain unchanged; all eyes on new policy committee
This marks the fourth RBI MPC meeting of the financial year 2024-25. The central bank holds six bi-monthly meetings annually, reviewing various macroeconomic indicators. Previous meetings this financial year took place in April,
RBI Monetary Policy Meeting 2024: RBI keeps repo rate unchanged at 6.5% for 10th time in row, stance changed to ‘neutral’
This means that all external benchmark lending rates linked to the repo rate will not increase, giving relief to borrowers as their EMIs will not increase.
LIVE
RBI Monetary Policy Meeting Highlights: 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 shifted policy stance to ‘neutral’. FY25 GDP estimates and CPI inflation forecast were retained.
RBI Monetary Policy: RBI keeps repo rate unchanged at 6.5%, takes neutral stance: Shaktikanta Das
The Reserve Bank of India (RBI) has pegged the repo rate unchanged at 6.5 per cent. Governor Shaktikanta Das said while announcing the monetary policy statement on Wednesday that the decision was taken with 5:1 majority.
RBI Monetary Policy Meeting Live Updates: Will RBI cut repo rate after US Federal Reserve interest rate cut?
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Wednesday ahead of RBI’s monetary policy review meeting. While BSE Sensex was above 81,800, Nifty50 crosses 25,050. At 9:16 AM, BSE Sensex was trading at 81,843.35, up 209 points or 0.26%. Nifty50 was at 25,060.00, up 47 points or 0.19%.
RBI Monetary Policy Meeting Highlights: RBI keeps repo rate unchanged at 6.5%, changes stance to 'neutral'
The central bank has kept the repo or short-term lending rate unchanged at 6.5 percent since February 2023, and experts think some easing could only be possible in December. The government has tasked the central bank to ensure that Consumer Price Index (CPI) based retail inflation remains at 4 per cent with a margin of 2 per cent on either side.
RBI Monetary Policy Committee meeting: policy rate unchanged at 6.5%
The Reserve Bank of India’s Monetary Policy Committee (MPC) on Wednesday (October 9, 2024) decided to keep the policy repo rate unchanged at 6.50% for the 10th consecutive time. Of the six members of the MPC, five voted in favour of the decision, which is aimed at taming inflation.
RBI Monetary Policy Statement, 2024-25
After assessing the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (October 9, 2024) decided to: • Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.
RBI Monetary Policy Meeting 2024: Will Your EMIs Increase After This Decision?
The Reserve Bank of India kept the repo rate unchanged at 6.5% for the 10th straight time on Wednesday. The six-member committee consisted of Saurabh Bhattacharya, Professor Ram Singh, Dr. Rajiv Ranjan,
India Central Bank Holds Rate Steady, Shifts Policy Stance
India’s central bank kept its policy rate unchanged as expected but left the door open for potential easing, keeping an eye on inflation that may become sticky if tensions in the Middle East escalate further.
RBI Monetary Policy: Will The Central Bank Change Interest Rates Today? Check What Economists Say
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.
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RBI Monetary Policy Meet Key Takeaways: All about Das & Co's decisions
RBI Governor Shaktikanta Das is set to announce the bi-monthly MPC meeting outcomes, likely maintaining repo rate at 6.5%.
Top Events on October 10: RBI monetary policy, J&K and Haryana post-poll moves, RG Kar doctors’ hunger strike, and more
Major events include the RBI’s Monetary Policy Meet announcement, a nationwide doctors’ hunger strike, and more.
Kenya central bank cuts main lending rate to boost private sector credit
Kenya's central bank slashed its benchmark lending rate to 12.00% from 12.75% on Tuesday, in a move aimed at stimulating ...