Tag Archives: MPC

Buyback rate was unchanged, GDP forecast improved

Maintaining the status quo for the third time in a row, the Reserve Bank of India decided on Friday to keep the benchmark interest rate unchanged at 4%, but maintained an accommodative stance, implying further rate cuts to come. if the need arises to support the economy hit by the …

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Five things to keep in mind about RBI policy today

Mumbai: The Governor of the Reserve Bank of India, Shaktikanta Das, will announce the policy decision of the monetary policy committee on Friday at 10 am, followed by a press conference at 12 noon. Here are the 5 things to keep in mind. Qualify action: The MPC is likely to …

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Why inflation stands in the way of India’s growth recovery

The promise of a quick vaccine, India’s higher-than-expected gross domestic product (GDP) figures for the quarter ended September, and a booming stock market suggest that risks to growth may be waning. But there is still a big obstacle: persistently high inflation. And it may well represent the greatest threat to …

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RBI to hold TLTRO on tap to boost credit collection

MUMBAI: The Reserve Bank of India (RBI) said on Friday that it will introduce long-term repurchase operations (TLTROs) available for banks to borrow up to ₹1 trillion from the window and invest in corporate bonds and other debt instruments of certain sectors. Banks can also use these funds to make …

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