RBI's Monetary Policy Committee, led by Governor Sanjay Malhotra, reduced the repo rate by 50 bps for the second consecutive time, shifting to a neutr ...

The Reserve Bank of India opted for a bold cut this month in defiance of the conservative school of rate policy. Amid ...

Mumbai: Members of the Reserve Bank of India’s Monetary Policy Committee decided in favour of an unexpected 50-basis point (bps) rate cut at their meeting earlier in June to prop up economic ...

An internal Reserve Bank of India committee is likely to recommend maintaining the current inflation target of 4%, with a ...

Evidently, the MPC had a say in both rate and stance. While sentences about the MPC’s decision on “stance” became a regular ...

A big rate cut would assure stakeholders of India's focus on economic growth and aid in faster transmission while boosting investment and consumption, members of the monetary policy committee wrote in ...

The Reserve Bank of India’s Monetary Policy Committee voted 5-1 to reduce the benchmark interest rate by 50 basis points earlier in June. “The MPC voted to reduce the policy repo rate by 50 bps to ...

The immediate incremental impact of an additional 25 basis-point rate cut delivered earlier this month by the Reserve Bank of India's monetary policy committee may be relatively limited, external ...

India’s $700 billion in foreign exchange reserves gives the economy a crucial cushion against rising geopolitical turmoil, a ...

FM Sitharaman meets PSB heads to review profits, credit flow, and key schemes after RBI's rate cut to boost the economy.