Regarding the next monetary policy of the Reserve Bank of India, experts have speculated that the central bank may increase the interest rates marginally. According to experts, amid signs of moderation in retail inflation and the need to prop up growth, the Reserve Bank may opt for a 25-35 bps hike in the repo rate in its upcoming monetary policy review on Wednesday. Explain that the Reserve Bank of India (RBI) will present its next bi-monthly policy review on December 7 at the end of the three-day meeting of the Monetary Policy Committee (MPC) starting from Monday.
Banking sector experts said on Friday that the Reserve Bank's six-member monetary policy committee may increase the repo rate by 0.25-0.35 percent. However, RBI may refrain from increasing the repo rate thereafter. In the previous meeting (September 30), the Reserve Bank had increased the repo rate by 0.50 percent to control retail inflation.
The Reserve Bank of India (RBI) had earlier increased the repo rate by 0.40 percent in May, 0.50 percent in June and 0.50 percent in August, and 0.50 percent in September. In this way, in the financial year 2022-23, the RBI has increased the repo rate by 1.90 percent from May till now, which has increased to the current level of 5.90 percent.
A submarine used to show tourists the wreckage of the Titanic has gone missing in the Atlantic Oc
IND vs ENG: Shubman Gill took an incredible catch by running backward, fans remembered Kapil Dev
The last match of the five-match Test series between India and England (IND vs ENG 5th Test) is b
Given the state assembly elections, Congress has once again targeted the Modi government, claimin
The 71st National Film Awards were held in the capital, Delhi, on Tuesday. Bollywood superstar Sh
Mohammad Yunus, Chief Advisor of the Interim Government of Bangladesh, praised the team of 21 for
Neeraj Chopra is being praised all around after winning the silver medal in the Paris Olympics. A
Captain Rishabh Pant's half-century against Chennai Super Kings has boosted the morale of Delhi C
The last of the 36 Rafale aircraft purchased from France also landed on Indian soil on Thursday.
No support from AIUDF, AAMSU is required for redesigning district boundaries: Assam CM
There has been a continuous protest by political parties and organizations against the Assam gove
IND vs SA: For the first time in 28 years... Team India was embarrassed, repeating the old mistake.
The Indian team was embarrassed on a spin-friendly pitch at home. India suffered a 30-run defeat
