Diabytes
RBI monetary policy 2023 News
)
The RBI had last changed rates in February 2023, when the repo rate was hiked to 6.5 per cent.
)
A year is divided into six bimonthly reviews of the central bank's monetary policy. Additionally, there are out-of-cycle reviews, where the central bank holds extra sessions in urgent situations.
)
The three-day MPC meeting Chaired by RBI Governor Shaktikanta Das is going to start from tomorrow (December 6-8).
)
Prime Minister Narendra Modi had launched ‘PM Vishwakarma’ Scheme for traditional artisans and craftspeople on occasion of Vishwakarma Jayanti on September 17 this year.
)
RBI has said that it will issue a detailed guideline regarding the matter separately.
)
RBI Monetary Policy October 2023: The three-day MPC meeting Chaired by RBI Governor Shaktikanta Das, commenced on October 4 and is set to conclude today.
)
RBI Monetary Policy October 2023: The three-day MPC meeting Chaired by RBI Governor Shaktikanta Das, commenced on October 4 and is set to conclude today.
)
RBI typically conducts six bi-monthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators.
)
The Monetary Policy Committee meeting of the RBI took place on June 8-10. A year is divided into six bimonthly reviews of the central bank's monetary policy. Additionally, there are out-of-cycle reviews, where the central bank holds extra sessions in urgent situations.
)
RBI Monetary Policy Announcement: Reserve Bank of India will announce monetary policy today. This announcement will be made at 10 am. After this, RBI Governor Shaktikanta Das will also hold a press conference at 12 noon.
)
The high-powered rate-setting panel MPC began its three-day meeting on on Tuesday with speculations abuzz that the RBI might go for another status quo on the key interest rates
)
Till now, this avenue for dud asset resolutions was available only with scheduled commercial banks and select non-bank finance companies, Das said, adding that comprehensive guidelines on the same will be released soon.
)
In April, the central bank had marginally revised upwards the 2023-24 GDP growth projection to 6.5 per cent, from its earlier forecast of 6.4 per cent.
)
In April, the Reserve Bank had estimated the consumer price index (CPI) based retail inflation at 5.2 per cent during the fiscal 2023-24.
)
The 30-share BSE Sensex climbed 174.2 points to 63,317.16 in morning trade after the monetary policy announcement. The NSE Nifty advanced 49.2 points to 18,775.60.
)
RuPay Debit, Credit, and Prepaid Cards will be enabled for issuance in foreign jurisdictions, which can be used internationally, including in India.
)
RBI Monetary Policy Meeting: Big news is coming regarding the monetary policy meeting of RBI. There has been no change in the interest rates in this meeting of RBI. The repo rate remains unchanged at 6.5%.
)
The Monetary Policy Committee meeting of the RBI that took place on June 6-8, has decided to go for a rate pause.
)
RBI Governor Shaktikanta Das will announce the MPC's decision on Thursday at 10 AM while the policy press conference will be shared at 12 noon.
)
Monetary Policy Committee of RBI decided to take a pause after a rate hike seen in previous six consecutive policies.
Loading...
 "Will Hindus get justice in Bengal's Murshidabad?")
 "DNA: Uproar over freebies in Delhi!")
 "DNA: AIMIM plans to field 2020 Delhi riots accused Shahrukh Pathan")
 "DNA: A report showing the reality of Bangladesh")
 "DNA: Power Theft Allegations Against SP MP Ziaur Rahman Barq")
 "DNA: Hot Tea Linked to Cancer Risk!")
 "DNA: Why Jordan Fears After Syria’s Coup?")
 "DNA: NSA Ajit Doval’s China Visit - Inside Story")
 "DNA: Gandhi Family Ruined My Career, says Mani Shankar Aiyar")
 "DNA: Ground Report- Tight Security Arrangements for Mahakumbh")
