He also mentioned that the idea of a currency for BRICS countries was floated by one of the countries; however, no decision has been made on the matter
Monetary Policy Committee keeps repo rate unchanged at 6.50% for the eleventh consecutive review
RBI Governor Shaktikanta Das explained India's stand on de-dollarisation after US president-elect Donald Trump's warning to Brics nations
RBI Monetary Policy Meeting Dec 2024 Updates: Catch all the updates here
The move comes as the monetary authority has been using its foreign-exchange reserves to slow the pace of the drop in the rupee
RBI MPC: Governor Shaktikanta Das dodges term question with a smile, focuses on policy
RBI governor Shaktikanta Das said that the CRR reduction will release Rs 1.16 trillion into the banking system, providing additional liquidity and enable banks to extend more loans
The RBI Governor Shaktikanta Das in his MPC announcement said that factors like frequent weather disruptions, geopolitical tensions, and financial market volatility pose significant risks to inflation
MPC is largely expected to hold the key policy rate steady at 6.5 per cent for the eleventh straight meeting, but a few economists have forecast a 25 basis points (bps) cut
The RBI's crucial Monetary Policy review is underway, with Governor Shaktikanta Das set to reveal key decisions on December 6 at 10 am. Here's what you need to know
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Meeting begins on Wednesday against backdrop of Q2 GDP growth slowdown
Das himself has largely refrained from discussing his own future, telling Bloomberg a few months ago that he's focused on his work at the RBI
A survey conducted by Business Standard revealed that majority respondents believed that the RBI might revise its growth and inflation projections for the financial year
Below is a list of RBI governors over the past two decades, their appointment announcements, and dates of joining
Twenty-one of 48 common contributors who provided rate forecasts last month and this month pushed their expectation for the first rate cut from December to February or later
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Says India well-placed to deal with any spillover effects of global shocks
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