The Reserve Bank of India (RBI) Governor Shaktikanta Das-headed monetary policy committee (MPC) on Thursday maintained status quo on policy rates in its fifth bi-monthly monetary policy review of the financial year. This halt came after five consecutive cuts. The short-term lending rate, or repo rate, was unchanged at 5.15 per cent. All six committee members voted against the rate cut.
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Watch RBI money policy: Repo rate unchanged at 5.15%, stance remains accommodative With HD Quality.
The Reserve Bank of India (RBI) Governor Shaktikanta Das-headed monetary policy committee (MPC) on Thursday maintained status quo on policy rates in its fifth bi-monthly monetary policy review of the financial year. This halt came after five consecutive cuts. The short-term lending rate, or repo rate, was unchanged at 5.15 per cent. All six committee members voted against the rate cut.
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Watch RBI money policy: Repo rate unchanged at 5.15%, stance remains accommodative With HD Quality
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RBI Keeps Repo Rate Unchanged At 4%, Maintains Accommodative Stance | Catch News
Amid on-going COVID pandemic, Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 4% and to continue with accommodative stance. In a virtually press conference, RBI Governor Shaktikanta Das on June 04 said, “Monetary Policy Committee (MCC) voted to maintain status quo i.e. repo rate remains unchanged at 4%. MCC also decided to continue with accommodative stance as long as necessary to revive and sustain growth on durable basis and to mitigate impact of COVID on economy.”
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RBI Keeps Repo Rate Unchanged At 4%, Maintains Accommodative Stance | Catch News
News video | 362 views
The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Wednesday cut repo rate by 35 basis points in its third bi-monthly policy review of the financial year. It was fourth rate cut by the central bank in a row. The short-term lender rate now stands at 5.40 per cent. Persistent weakening of core inflation has kept the headline rate below the central bank’s 4 per cent target for the 11th straight month in June and, thus, the rate cut was largely in line with Street expectations.
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Watch RBI credit policy: MPC cuts repo rate by 35 bps to 5.40%, maintains accommodative stance With HD Quality
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The Monetary Policy Committee (MPC) of the Reserve Bank of India on Thursday effected a 25 basis points cut in repo rate in its second bimonthly policy review of this financial year. After the cut, the repo rate now stands at 5.75 per cent. The MPC also changed policy stance to 'accomodative' from 'neutral'. Repo is the rate at which the central bank lends to commercial lenders, and the cut signalled a drop in cost of funds for corporates and individual borrowers though domestic banks have not been very efficient in quickly passing on the benefits of past rate cuts to their customers.
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Watch RBI cuts repo rate by 25 bps; stance changed to 'accommodative' from 'neutral' With HD Quality
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The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India on Friday slashed the short-term lending rate, repo rate, by 25 basis points in its fourth bimonthly policy review. This was the fifth consecutive rate cut effected by the Shaktikanta Das-led panel, and it was in addition to a cumulative 110 basis points rate cut that RBI has announced so far this year. The repo rate now stands at 5.15 per cent, the lowest since March 2010.
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Watch RBI cuts repo rate by 25 bps to 5.15%, maintains accommodative stance With HD Quality
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RBI Governor Shaktikanta Das on Friday announced decisions on key rates after the panel concludes its three-day meeting on June 4.RBI kept interest rates unchanged at a record low at 4%. The monetary panel will act to support growth by retaining its accommodative stance for as long as necessary, Guv Das said.
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RBI Monetary Policy: Repo rate kept unchanged at 4%
News video | 354 views
In a significant policy shift, the six-member monetary policy committee, headed by RBI Governor Shaktikanta Das, lowered the repo rate by 25 basis points to 6.25 per cent in a 4-2 vote. It is the first rate cut in 17 months. The MPC also changed the policy stance to 'neutral' from 'calibrated tightening'. This was the first monetary policy review for the former economic affairs secretary, who took over as RBI Governor in the second week of December 2018. Why did the new RBI chief hit the neutral gear? Swaminathan Aiyar, Consulting Editor, The Economic Times, explains.
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Watch RBI Cut Down Repo Rate | Benefits and Disadvantage With Low Repo Rate | iNews With HD Quality
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Indian bonds, rupee and stocks slipped on Thursday after the Reserve Bank of India slashed interest rates by 25 basis points, while keeping its policy stance ‘neutral’. Anil Gupta, VP and Head of Financial Sector Ratings at Icra explains key upside risks to inflation.
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Watch RBI Decrease Repo Rate to 6 | Markets Relay on Interest Rate | Money Money (03-08-2017) | iNews With HD Quality
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