[ad_1] Shares of rate sensitive sectors were trading mixed after the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decided to cut repo rate by 25 basis points to 6% from 6.25%. While auto stocks gained up to 1%, real estate, banking and financial stocks fell up to 4%. Among auto stocks, M&M, […]
RBI rate cut odds soar as inflation dips below 4% target in February – CNBC TV18
[ad_1] India’s consumer inflation took a sharp dive to 3.61% in February, slipping below the Reserve Bank of India’s (RBI) 4% target for the first time in six months, fanning hopes of another rate cut as early as April. The cooldown, down from January’s 4.26%, was powered by a rare drop in vegetable prices and […]
RBI MPC Meeting Live Updates: Will governor Malhotra announce rate cuts today?
[ad_1] RBI Monetary Policy Meeting Live Updates: This will be RBI Governor Sanjay Malhotra’s first MPC meeting today. The Reserve Bank of India (RBI) Monetary Policy Committee is set to announce its decision on the repo rate cuts today. This will be RBI Governor Sanjay Malhotra’s first MPC meeting today. Will the governor announce cuts […]
RBI’s macro-prudential measures were necessary but contributed to demand slowdown: CEA – CNBC TV18
[ad_1] Chief Economic Adviser (CEA) V Anantha Nageswaran has acknowledged that while the Reserve Bank of India’s (RBI) macro-prudential measures were necessary to maintain financial stability, they may have also contributed to a slowdown in credit growth, dampening economic activity and consumption. Speaking to CNBC-TV18 on Friday, January 31, Nageswaran discussed the evolving consumption patterns […]
How does Reserve Bank of India’s rate cuts impact fixed deposit interest rates – CNBC TV18
[ad_1] The Reserve Bank of India (RBI) plays a crucial role in shaping the interest rates offered on fixed deposits (FDs), making it essential for investors to understand how policy changes impact their savings. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest […]
RBI MPC Minutes: Economic slowdown warrants rate cut, argue two members – CNBC TV18
[ad_1] Two members of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), Nagesh Kumar and Ram Singh, called for a 25 basis point reduction in the repo rate to 6.25%, citing concerns over India’s slowing economic growth and softening inflation, the December MPC minutes showed. Company Value Change %Change The call comes as […]
RBI MPC Meeting: Repo rate left unchanged for 11th time; CRR cut by 50 basis points – CNBC TV18
[ad_1] The Monetary Policy Committee of the Reserve Bank of India decided to keep policy rates unchanged at 6.5% for the 11th straight instance on Friday, December 6. The decision was taken with a majority of 4:2. Dr. Nagesh Kumar and Professor Ram Singh had voted to reduce the policy repo rate by 25 basis […]
Top beneficiaries from the 50 basis points CRR cut by the RBI – CNBC TV18
[ad_1] 1 / 7 The Reserve Bank of India announced a cut in its Cash Reserve Ratio (CRR) by 50 basis points on Friday, December 6. Governor Shaktikanta Das said that this CRR cut will result in the release of liquidity worth ₹1.16 lakh crore into the banking system. Brokerage firm Citi released a note […]
RBI MPC Meeting Live: RBI will release ₹1.16 lakh crore into Indian banking system, announces Guv Das
[ad_1] By CNBCTV18.COM | Dec 6, 2024 11:16 AM IST (Updated) RBI MPC Meeting Live Updates: Following his last RBI MPC policy meeting until his term ends on December 10, Governor Shaktikanta Das announce maintaining a status quo on policy rates though the panel decided to cut the cash reserve ratio (CRR) to 4% in line […]
RBI MPC GDP Growth Update: FY25 forecast cut to 6.6%; Governor says Eco ‘bottomed out’ in Q2 – CNBC TV18
[ad_1] The Reserve Bank of India on Friday, December 6, revised the projections for India’s GDP growth for financial year 2025 down to 6.6% from 7.2% earlier. Company Value Change %Change The move comes after the India’s GDP growth for the July-September period, fell to a seven-quarter low of 5.4%. This was the lowest growth […]