RBI policy

Interest rate cut can be possible in Q1FY25 but that, too, would be data dependent

The RBI MPC (Monetary Policy Committee) left the repo rate unchanged at 6.5% at its August 10 meeting, in line with street expectations. As a result, the Permanent Deposit Facility (SDF) rate will remain unchanged at 6.25% and the Permanent Deposit Facility (MSF) and Bank Rate at 6.75%. MPC continues its stance of ‘withdrawing from …

Interest rate cut can be possible in Q1FY25 but that, too, would be data dependent Read More »

RBI Policy: As inflation fears continue, MPC keeps repo rate unchanged yet again

As expected, the Monetary Policy Committee (MPC), the interest rate-setting body in India, left the repo rate unchanged on August 10, citing a lingering threat of inflation in the economy. Asia’s third largest. The decision comes after a recent spike in inflation due to soaring food prices. A basis point is a hundredth of a …

RBI Policy: As inflation fears continue, MPC keeps repo rate unchanged yet again Read More »