The BofA Securities report maintained that growth and inflation data both point towards the need to ease monetary conditions, while projecting a 25 bp repo rate cut to 6.25 per cent in February MPC.
The RBI, under new Governor Sanjay Malhotra, reduced the interest rate for the first time in nearly five years on Friday to ...
Being the first MPC under Malhotra, the expectation is that the repo rate cut or the benchmark lending rate fixed by the RBI could be reduced by 25 basis points (bps) from 6.5 percent to 6.25 ...
After keeping it unchanged for two years, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) is likely to cut the repo rate — the rate at which the RBI lends to other banks — ...
Currently, the RBI manages liquidity through multiple measures such as Open Market Operations (OMO), the Cash Reserve Ratio (CRR), and the repo rate. However, the SBI report argues that CRR should be ...
With the Union Budget announcing measures to support consumption while maintaining fiscal discipline, the ball is now in the central bank’s court to stimulate sluggish economic growth. The six-member ...
At the Monetary Policy Committee (MPC) meeting on February 7, the Reserve Bank of India (RBI) is anticipated to decide on a cut in repo rates. Nonetheless, many banks, including Union Bank of India, ...
Chinoy, Varma, Ghosh, and Chakraborty expect a 25 basis point cut in the repo rate at the MPC meeting scheduled for February 5-7, while Sen anticipates that the MPC will maintain the current rate.
Feb 3 (Reuters) - California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency hike in rates to help offset the hefty payouts the ...
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