CA, CS, CMA : Highlights from August 5-11, 2024: Income Tax exemptions, GST updates, SEBI guidelines, and RBI monetary policy changes....
Fema / RBI : RBI keeps repo rate unchanged at 6.5%, projects 7.2% GDP growth for 2024-25. Introduces public depository for digital lending apps...
Fema / RBI : Learn how changes in RBI's repo rate affect your EMIs. Explore impacts on loans, investments, and economic conditions in this insi...
Fema / RBI : Explore the significance, effects, and current outlook of repo rates in India. The Reserve Bank of India's (RBI) recent decision t...
Fema / RBI : Understand the significance of Repo Rate and Reverse Repo Rate set by the Reserve Bank of India (RBI) and their impact on the econ...
Fema / RBI : Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been dec...
Fema / RBI : Based on an assessment of the current and prospective macroeconomic situation, we have decided to reduce the policy repo rate unde...
Fema / RBI : Reduce the repo rate under the liquidity adjustment facility (LAF) by 50 basis points from 8.5 per cent to 8.0 per cent with immed...
Fema / RBI : On the basis of the current macroeconomic assessment, it has been decided to: keep the cash reserve ratio (CRR) of scheduled b...
Fema / RBI : The Reserve Bank of India (RBI), has kept policy rates unchanged in its Mid Quarter Review of Monetary Policy announced today. The...
Fema / RBI : RBI maintains policy repo rate at 6.50% in August 2024. Focus on controlling inflation while supporting growth. Projected GDP grow...
Fema / RBI : fter a detailed assessment of the evolving macroeconomic and financial developments and the outlook, it decided by a 4 to 2 majori...
Fema / RBI : RBI Press releases dated 05th April 2024 containing RBI Governor’s Statement, Statement on Developmental and Regulatory Policies...
Fema / RBI : Reserve Bank of India Monetary Policy Statement, 2023-24 Resolution of the Monetary Policy Committee (MPC) December 6 to 8, 2023 O...
Fema / RBI : Explore Reserve Bank of India's latest policy measures in regulation, payments systems, and consumer protection. Analyze monetary ...
In line with international practice, the RBI on Tuesday decided to anchor monetary policy through a single short term lending rate known as repo rate. Unlike in the past, the rate at which the RBI borrows from banks (reverse-repo) will be the benchmarked 100 basis points below the repo rates.
As announced today in the Annual Monetary Policy 2011-12, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 6.75 per cent to 7.25 per cent with immediate effect. Further, as announced in the Policy, the reverse repo rate under the LAF, determined with a spread of 100 basis points below the repo rate, will stand at 6.25 per cent with immediate effect.
Faced with stubborn inflation, RBI is likely to raised key policy rates by at least 25 basis points in its annual credit policy for 2011-12 to be announced on Tuesday to arrest the rate of price rise, say bankers. “Given the macro economic conditions, it is expected that the RBI would hike rates by at least 25 basis points to curb inflationary expectations,” Indian Overseas Bank Chairman and Managing Director M Narendra told PTI.
With inflation showing no signs of moderation, economists expect the Reserve Bank to hike key policy rates by at least 25 basis points in its annual monetary policy to be unveiled on May 3. The headline inflation (WPI) stood at 8.98 per cent for March, much above the RBI’s projection of 8 per cent, fuelling speculation that the central bank may go in for another hike in the repo (lending) and reverse repo (borrowing) rates.
Driven by increase in prices of food and manufactured goods, inflation soared to 8.98 per cent in March raising fears of yet another hike in key policy rates by the Reserve Bank next month.Headline inflation, measured by movement in wholesale prices, at near 9 per cent in March was much above the RBI”s projection of 8 per cent. As a result, experts feel the central bank may take further steps to tame rate of price rise at its annual policy to be announced on May 3.
On the basis of the current macroeconomic assessment, it has been decided to: * increase the repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.5 per cent to 6.75 per cent with immediate effect; and increase the reverse repo rate under the LAF by 25 basis points from 5.5 per cent to 5.75 per cent with immediate effect.
Financial service provider SMC Global Securities today said the Reserve Bank may hike key rates by 25 basis points in its policy review tomorrow. “With series of RBI actions and rise in commodity prices, India Inc witnessed pressures on margins …,” SMC Group Chairman and Managing Director Subhash Chand Aggarwal said in a statement here.
Inflation rose marginally to 8.31 per cent for the month ended February, driven by high food and fuel prices, which may prompt the RBI to hike interest rates when it reviews the monetary policy later this week. However, Finance Minister Pranab Mukherjee expressed hope that inflation should come down to 7 per cent by next month-end.
With a view to rein in high inflation, the Reserve Bank of India today raised its key short-term lending and borrowing rates by 0.25 per cent each with immediate effect. The short-term lending (repo) rate has been hiked to 6.50 per cent and the borro
here have been significant changes in the macroeconomic environment since the Second Quarter Review issued on November 2, 2010. Globally, the recovery in the advanced economies appears to be consolidating and expectations of growth during 2011, parti
