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Fifth Bi Monthly Monetary Policy Review

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  News for Fifth Bi Monthly Monetary Policy Review

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RBI hikes lending rate by 35 bps to 6.25%; home, auto loans to be expensive

The Reserve Bank on Wednesday expectedly raised the benchmark lending rate by 35 basis points (bps) - the fifth increase since May - saying it remains focussed on bringing down the inflation to a......

Budget 2021 will be 'prudent; growth oriented'

With the Budget-making exercise in full swing, RBI Governor Shaktikanta Das on Friday said Budget 2021-22 is expected to be prudent and growth oriented. Das, before donning the hat of RBI Governor......

High retail inflation may force RBI to hold rates

Inflation breached the upper end of the RBI's comfort level of 4 per cent plus-minus two percentage points. Illustration: Uttam Ghosh/Rediff.com Retail inflation, which accelerated to 7.35 per......

RBI hikes inflation figs over high vegetable prices

The Reserve Bank of India on Thursday raised its inflation projection to 5.1-4.7 per cent for the second half of the current fiscal on the back of spike in prices of vegetables such as onion and......

SBI pegs FY20 GDP growth at 5%

The SBI report, however, said the economic growth rate will pick up pace in 2020-21 to 6.2 per cent. Illustration: Uttam Ghosh/Rediff.com An SBI research report on Tuesday sharply cut the......

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