RBI Monetary Policy

Swiss investment bank UBS believes an accommodative monetary policy could help India sustain growth amid rising global uncertainties and trade disputes

The bank's advances reduced to 11.75 billion rupees as of March 31, 2024, from 13.30 billion rupees a year earlier. Its deposits rose to 24.36 billion rupees from 24.06 billion rupees

Nageswaran attributed the rupee's current weakness to the prolonged strength of the US dollar, rather than any structural issues with India's economy

Inflation expectations showed an upward trajectory for three months and one-year ahead period

Looking ahead, we believe that the growth-inflation outlook suggests that there is room for another 25 bps rate cut in either the April or the June 2025 meetings

Given the current economic landscape, moderating inflation, and sluggish growth, another 25-50 bps rate cut within this calendar year remains a strong possibility

This will be the first MPC meeting since Governor Malhotra took office in December 2024, following the end of Shaktikanta Das's tenure

RBI monetary policy: Governor Sanjay Malhotra is expected to lower the repo rate by 25 basis points, prioritising economic growth over inflation control

RBI prepares to announce its latest monetary policy decision on Feb 7. This will be the first meeting held under the leadership of Governor Sanjay Malhotra

At 6:33 AM, GIFT Nifty futures were up 71 points at 23,856, signaling a higher start for Indian markets

India's economic growth slowed more sharply than anticipated in the July-September period of FY25, dropping to a seven-quarter low of 5.4 per cent

Most central banks (CB) are narrowly focused on monetary policy. The RBI has a sprawling mandate. The trouble is these roles contain many inherent conflicts

Malhotra to follow an open door policy and remain accessible to everyone at RBI

Here's how leading brokerages have interpreted the development, and their expectations from Sanjay Malhotra as regards key rates and maintaining a balance between growth and inflation

Monetary Policy Committee keeps repo rate unchanged at 6.50% for the eleventh consecutive review

RBI's decision will enable banks to have more funds to lend, they say

Markets Highlights: Broader markets outperformed the benchmarks indices on Friday after the RBI left key rates unchanged and announced a 50 bps cut in CRR, while lowering its GDP forecast

RBI Monetary Policy Meeting Dec 2024 Updates: Catch all the updates here

For those holding fixed deposits, this is an ideal time to lock in high interest rates, as rates may decline in the coming months