MONETARY POLICY COMMITTEE
RBI to retain dovish bias going forward
Das said the pause was temporary and the central bank wanted to assess the effect of its policy after reduction of 135 basis points in five policies this year.
Why RBI stayed put on policy rates? Shaktikanta Das explains
Core inflation expected to remain in the current zone below 4 per cent, said Gov...
Bonds extend losses, yields hit six-week high
RBI action disappointed the market as traders anticipated a cut following New Delhi’s sluggish ...
Government may come up with more measures to arrest slowdown
It is also likely that the government may initiate some more counter-cyclical fiscal and other measures to arrest the slowdown, Das said after announcing status quo on the rate front, disappointing market participants. Das said the central bank would wait for further clarity on the kind and nature of counter-cyclical fiscal and other measures by the government.
Good coordination with government on policy measures: Shaktikanta Das
The governor said the central bank would like to see greater clarity on the impact on the government's counter-cyclical measures to push growth, stressing that the central bank is "not worried" over the government missing the fiscal deficit target. Das said inflation is seen rising in the near-term, but is likely to moderate soon.
RBI Guv maintains anti-cryptocurrency stance
RBI has held several internal discussions and consulted with other central banks on possibility of launching India’s own digital currency.
GDP shocker: RBI cuts FY20 growth forecast to 5%
CPI inflation projection wad revised upwards to 5.1-4.7 per cent for the second half of FY20.
Key highlights of RBI's monetary policy outcome
RBI revised GDP growth downwards to 5% for 2019-20 from 6.1% projected in its October policy.
Has Guv Das turned hawkish? Key takeaways from RBI money policy
The MPC revised down real GDP growth for 2019-20 from 6.1% in October policy to 5%.
View: Twist in the tale, markets turn pale
Going forward, the MPC is likely to see two CPI prints before the Feb policy.
RBI money policy: Repo rate unchanged at 5.15%, stance remains accommodative
The Reserve Bank of India (RBI) Governor Shaktikanta Das-headed monetary policy committee (MPC) on Thursday maintained status quo on policy ...
RBI may wait for Budget announcements before taking rate cut decision
“The forthcoming union budget will also provide better insight into further measures to be undertaken by the government and its impact on growth. Against this backdrop, the MPC judged that there is monetary policy space for further action, but it felt it appropriate to take a pause at this juncture.”
Reliance Jio, Airtel tariff hikes likely to elevate core inflation
Das noted that timing of interest rate cut was important rather than mechanical cuts.
'Shocking' pause? No, RBI is just awaiting signals from FM’s Budget
Shaktikanta Das said RBI is seeing some green shoots of growth revival in the economy.
RBI keeps repo rate unchanged at 5.15%, stance remains accommodative
The central bank slashed FY20 real GDP growth projection to 5% from 6.1%.
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