RBI MPC News
Stock market today: Nifty 50, Sensex snap 5-day winning run despite RBI’s balancing act
Nifty 50 ended the session with a minor loss of 0.12% at 24,677 but posted a sharp weekly gain of 2.27%. Meanwhile, the Sensex closed with a slight drop of 0.07% at 81,709, wrapping up the week with a notable uptick of 2.39%.
3 min read04:49 PM ISTPivot wait: RBI’s monetary policy points to a rate cut in February
A rate pivot seems round the corner and the sequencing has been cogent. Reserve Bank of India (RBI) changed stance in October. Now it has cut the cash reserve ratio (CRR). Logically, February should see a repo rate cut, provided inflation looks acceptable.
1 min read01:42 PM ISTRate-sensitive sectors trade mixed as RBI cuts CRR, maintains repo rate. What should investors do?
Following RBI’s decision to maintain the repo rate at 6.5%, mixed reactions were observed in rate-sensitive sectors. While banks and financial services saw gains, Nifty Realty declined. The CRR cut is expected to enhance liquidity, supporting economic growth and stability in the housing market.
4 min read11:53 AM ISTCredit Lines on UPI: RBI Governor Shaktikanta Das says small finance banks to now offer facility
RBI Governor Shaktikanta Das has announced the expansion of the facility of credit lines through UPI from commercial banks to small finance banks. Separately, he also advised banks to reduce the number of inoperative accounts.
2 min read11:38 AM ISTRBI Policy Outcome: RBI cuts cash reserve ratio by 50 bps to 4%
The Reserve Bank of India decided to cut the case reserve ratio by 50 basis points to 4% on Friday, December 6.
1 min read10:47 AM ISTRBI Monetary Policy: Inflation remains a concern; FY25 growth estimates trimmed-5 key highlights from RBI MPC outcome
RBI Monetary Policy: RBI kept the repo rate unchanged for the 11th consecutive meeting. It revised inflation estimates for FY25 upwards and GDP growth estimates downwards.
3 min read11:18 AM ISTRBI Monetary Policy: Central bank holds repo rates for the 11th consecutive time at 6.5%
RBI Monetary Policy: The three-day RBI MPC meeting, which began on December 4, concluded today.
3 min read10:09 AM ISTRBI Monetary Policy Highlights: Shaktikanta Das-led MPC keeps repo rate unchanged at 6.5%, cuts CRR by 50 bps to 4%
RBI Monetary Policy Meeting Highlights: The Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das left the benchmark repo rate unchanged at 6.5% and policy stance ‘Neutral’. MPC also slashed the CRR by 50 bps to 4%.
28 min read04:20 PM ISTRBI MPC verdict today: Repo rate to GDP, inflation forecasts— here are 5 key indicators to watch
RBI MPC verdict today: Some economists expect a CRR reduction to benefit banks, while others anticipate a status quo in the December meeting and an interest rate cut in February.
3 min read06:13 AM ISTRBI MPC Meeting: What happens if the central bank cuts interest rates tomorrow? D-Street experts weigh in
RBI MPC Meeting: For the December meeting, D-Street experts are divided on whether the rate-setting panel will maintain its stance on the key interest rates or go for its first policy reduction since February 2023.
5 min read5 Dec 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared