RBI Monetary Policy Meet Key Takeaways
LIVE
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 and final day, Governor Shaktikanta Das is all set to announce the decision soon.
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 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 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 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,
Sensex revists 82,000-level as RBI changes monetary policy stance to 'neutral'
Benchmark BSE Sensex jumped over 550 points to revisit the 82,000-level in morning trade on Wednesday after the Reserve Bank of India changed its monetary policy stance to stance to 'neutral', a move
LIVE
RBI Monetary Policy Meeting LIVE Updates: RBI Governor Shaktikanta Das to announce repo rate decision shortly
The RBI’s rate-setting panel is widely expected to keep the benchmark repo rate unchanged at 6.5% for the tenth straight meeting. However, most economists estimate a change in policy stance of ‘withdrawal of accommodation’.
LIVE
RBI MPC Live Updates: Shaktikanta Das keeps repo rate unchanged at 6.5%
Shaktikanta Das announces RBI MPC policy decisions. Stay tuned to our RBI policy live blog for latest updates.
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Top Events on October 10: RBI monetary policy, J&K and Haryana post-poll moves, RG Kar doctors’ hunger strike, and more
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Debtors in Kenya offered some relief with a record interest rate cut
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