Monetary Policy Committee

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RBI's Deputy Governor Viral Acharya quits before term ends: Report
Business

RBI's Deputy Governor Viral Acharya quits before term ends: Report

Viral Acharya, the Deputy Governor of Reserve Bank of India (RBI), has tendered his resignation, Business Standard reported on Monday.
No charges on RTGS, NEFT transfers from July 1: RBI
Business

No charges on RTGS, NEFT transfers from July 1: RBI

The Reserve Bank of India (RBI) has decided to waive off all charges on RTGS and NEFT system fund transfers from July 1, 2019.
Now transfer money for free: RBI removes NEFT, RTGS charges
Business

Now transfer money for free: RBI removes NEFT, RTGS charges

In a move to boost digital transactions, the Reserve Bank of India (RBI) on Thursday removed NEFT and RTGS charges from transactions.
RBI cuts repo rate by 25bps; loans/EMIs to get cheaper
Business

RBI cuts repo rate by 25bps; loans/EMIs to get cheaper

Taking a major policy U-turn, the RBI's six-member Monetary Policy Committee (MPC) headed by newly-appointed Governor Shaktikanta Das lowered the repo rate by 25 basis points to 6.25%.
RBI leaves repo rate unchanged at 6.5% second-time in row
Business

RBI leaves repo rate unchanged at 6.5% second-time in row

The Reserve Bank of India today left the repo rate unchanged while maintaining the stance of "calibrated tightening" of policy. The key rate remains unchanged at 6.5%.
RBI likely to keep interest rate unchanged on December 5
Business

RBI likely to keep interest rate unchanged on December 5

The Reserve Bank is likely to maintain status quo on interest rate in the upcoming monetary policy review on December 5 despite moderation in economic growth and easing inflation, suggested experts.
In a surprise move, RBI keeps policy rates unchanged
Business

In a surprise move, RBI keeps policy rates unchanged

The Reserve Bank opted for a surprising status quo at the bi-monthly review today on expectations of softening price rise, but changed the policy stance to "calibrated tightening" from "neutral".
RBI raises interest rate for first time in 4 years
Business

RBI raises interest rate for first time in 4 years

Reserve Bank of India, for the first time in four-and-half-years, raised key interest rate today by 25 basis points to 6.25% on inflation concerns from a surge in international oil prices.
Business Roundup: Here are today's top 5 Business news
Business

Business Roundup: Here are today's top 5 Business news

Here comes your daily roundup of business news.

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