Ex-RBI Deputy Governor Mohan Moots 5% Inflation Target
Former RBI Deputy Governor Rakesh Mohan on Monday pitched for changing the central bank’s inflation target band of 2-6 per cent, saying inflation will not...
Tag : Monetary Policy Committee (MPC)
RBI Likely to Hold Rates in Monetary Policy Today
Reserve Bank of India (RBI) governor Shaktikanta Das is widely expected to announce a status quo in his statement on Friday after the monetary policy committee...
RBI Projects 6.8% Retail Inflation for Dec Quarter
The Reserve Bank of India on Friday said that the retail inflation is likely to remain elevated and pegged at 6.8 per cent for the third quarter...
RBI Kept Repo Rate Unchanged At 4%, GDP Forecast Upgraded
The Monetary Policy Committee (MPC) of the Reserve Bank kept the repo rate unchanged at 4% and maintained an ‘accommodative’ stance, implying more rate cuts in the...
HDFC Bank Slashes MCLR Rates, Effective From Today
HDFC Bank, the country’s largest private sector bank, cut its marginal-cost based lending rate (MCLR) on loans for all tenors by 10 basis points (bps)....