Even as the domestic currency rupee plunged to a record low, and fell below the 74-mark against the USD for the first time ever, RBI governor Urjit Patel said that rupee fall is moderate in comparison to emerging markets pe
RBI Monetary Policy: Contrary to street expectations, the Reserve Bank of India’s monetary policy committee (MPC) kept repo rate unchanged at 6.5%, while turning hawkish in its stance. We take a look at key resons behind RB
RBI Monetary Policy Announcement Time Today: Reserve Bank of India will release this year’s fourth bi-monthly monetary policy review statement with a decision on repo rate today, after a three-day meeting of the RBI MPC.
Driven by uncertainties surrounding inflation and determined to keep the CPI inflation close to 4% on a durable basis, the Reserve Bank of India on Wednesday kept repo rate unchanged at 6.25%, as was widely expected.
The Reserve Bank of India kept the repo rate unchanged at 6.25% in line with the expectations, as the Monetary Policy Committee did not want to take a 'premature' action, choosing to wait how inflation behaves later this year