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RBI's monetary policy review News

21 Jun 2017

Urjit Patel for avoiding premature policy action by RBI: MPC minutes

RBI Governor Urjit Patel had argued for avoiding premature policy action citing "high uncertainty" on inflation outlook while voting for status quo on interest rates at the monetary policy review earlier this month.

07 Jun 2016

Sensex retakes 27,000-mark after 7 months on RBI accommodative policy

The NSE Nifty after shuttling between 8,294.95 and 8,216.40 ended at 8,266.45, up 65.40 points, or 0.80 percent.

11 Jun 2015

RBI Governor Rajan meets FM Jaitley

Reserve Bank Governor Raghuram Rajan on Thursday met Finance Minister Arun Jaitley and discussed macroeconomic issues.

03 Feb 2015

India Inc hopes RBI will resume rate cut cycle after Budget

Disappointed by RBI's decision to keep interest rates unchanged, India Inc on Tuesday said there is a need to cut the rates by 75 basis points in remaining months of 2015 and hoped for monetary easing after Union Budget.

03 Feb 2015

Realtors unhappy over RBI policy; seek interest cut in future

Realtors' apex body CREDAI on Tuesday expressed disappointment at the RBI's decision to keep the key policy rates unchanged, saying the country cannot afford any more delay in pushing the economic growth.

03 Feb 2015

Rajan defends status quo, says more easing tied to fiscal data

Strongly defending RBI's decision to hold the key rates in the absence of any new data points, Governor Raghuram Rajan on Tuesday said further rate reductions will depend on the quality of fiscal consolidation and how it aides the disinflationary process.

03 Feb 2015

It's status quo on Rajan's birthday!

It was his birthday on Tuesday, but there was no party in store for the markets when RBI Governor Raghuram Rajan announced a status-quo on interest rates.

03 Feb 2015

Spurt in vegetable prices next month may be spoiler for inflation

Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank warned Tuesday.

03 Feb 2015

Sensex plunges 221 points as RBI keeps policy rate unchanged

After trading in the positive territory in early trade, the benchmark BSE Sensex slumped by 221 points after the RBI kept the interest rate unchanged.

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