[ad_1] New Delhi: The Reserve Bank of India`s (RBI) fight against inflation is far from over, Governor Shaktikanta Das said at the Monetary Policy Committee (MPC) meeting, as per the meeting’s minutes. The MPC met on April 3, 5, and 6 this year and decided to pause the repo rate at 6.50 percent. In his … Read more
[ad_1] Read more has raised the repo rate by 250 basis points. A basis point is equal to a hundredth of a percentage point. The latest policy meeting of the Reserve Bank of India’s (RBI) rate-setting panel is taking place at a time when the global banks, including the US and Europe, are facing their … Read more
[ad_1] With retail inflation remaining above the comfort level of 6% and most global peers including US Fed continuing hawkish stance, the Reserve Bank of India too may go in for a 25 basis points hike in the bi-monthly monetary policy to be announced on April 6, opined experts. The Monetary Policy Committee (MPC) of … Read more