Page 9 - Monetary Policy Committee

RBI likely to keep rates unchanged amid high inflation, signs of recovery

The six-member Monetary Policy Committee is forecast to hold the benchmark repurchase rate at 4% Friday

RBI Monetary Policy: Here's what to expect from the December meeting

The members of the Reserve Bank of India's fourth bi-monthly monetary policy Committee began their three-day meeting today, and are expected to announce the outcome on Friday

RBI's Monetary Policy Committee starts 3-day deliberation on key rates

The Monetary Policy Committee (MPC) of RBI began its three-day deliberation on Wednesday here amid expectations that the central bank will maintain status quo on the benchmark lending rates in view of high retail inflation. The RBI will announce its monetary policy review on December 4. After its last MPC meeting in October, RBI kept policy rates unchanged to help tame inflation that in the recent times has surged past 6 per cent mark. RBI projected the country's GDP to contract 9.5 per cent in the current financial year due to the pandemic. It has cut policy rates by 115 basis points since February. Experts opined that RBI may not slash policy rate in the wake of rising Consume Price Index (CPI)-based inflation driven mainly by supply side issues. Amar Ambani, Senior President & Institutional Research Head at Yes Securities said with frequency indicators and GDP data conveying meaningful rebound in economic activity and retail inflation remaining stubbornly high, "we not only ...

Macro backdrop calls for status quo on rates

The MPC in all likelihood would keep the repo rate unchanged at 4 per cent, extending the pause from its August and October meetings and reiterating the accommodative stance

Shift from rates to managing the emerging Quadrilemma

A large autonomous driver of liquidity has been RBI intervention in the foreign exchange markets.

Corporate ownership of private banks: Has the train left the station?

If indeed the gate opens for big industrial houses, the RBI needs to be smarter than them and demonstrate it through action, not reaction

Economic recovery stronger than expected: RBI governor Shaktikanta Das

The RBI is scheduled to announce its monetary policy next week where it is expected to give its outlook on growth

Maintaining the balance

MPC has enhanced the scope of policy debate

MPC minutes on rate cut pause: Propriety of words or a case of much ado?

External member Jayanth R Varma differed on wordings on the stance, while preferring to keep it accommodative for an extended period

RBI raises banks' aggregate exposure limit for small biz to Rs 7.5 cr

The notification follows an announcement made in this regard on October 9 after the monetary policy committee meeting

Best of BS Opinion: Financial offences, new MPC's first policy, and more

Here's a selection of Business Standard opinion pieces for the day

Tough balancing act

RBI has a difficult task of meeting multiple targets

RBI policy review: Pause on rate, fast-forward on liquidity to back growth

RBI's accommodative policy may benefit companies as India heads into the festive season

Benchmark Indices continue to rally after RBI monetary policy meeting

Extend gains for seventh straight session; Sensex rises 326.82 points

RBI monetary policy: How to ease without cutting rates

The path ahead also remains uncertain because it is closely tied to the path of the pandemic curve

RBI keeps policy rates unchanged, says the worst is over for the economy

RBI to run 'accommodative' stance as long as necessary and even entering the next year

Three cheers for RBI's October policy

The latest policy has taken a series of steps to ensure that the government is able to borrow from the market without paying too much and the banks continue to buy bonds

RBI MPC votes to keep key rates unchanged, maintains accommodative stance

Mood of the nation has shifted to confidence & hope, says RBI Governor Shaktikanta Das

RBI policy review: New MPC may opt for interest rate pause, says BS poll

All 10 economists and bond traders polled by Business Standard expect the status quo to continue on rates.

Will RBI MPC hold or cut rates? Your most pressing questions answered

Given inflation pressure, there is no doubt that it would be difficult for the MPC to cut rates in the near-term