GSAP

Money Policy: How economists decoded the vibes & intent of RBI announcements

by
photo

The Reserve Bank of India (RBI) held the repo rate — its key lending rate — at a record low of 4% on Friday, while the reverse repo rate — the borrowing rate — was unchanged at 3.35%, as the central bank sought to support Asia’s third-largest economy as it grapples with a second wave … Read more

RBI expected to keep rates steady, liquidity steps eyed

by
photo

MUMBAI: India’s central bank will likely keep interest rates at record lows this week as it assesses the economic fallout of the country’s evolving Covid-19 crisis, but the monetary authority is expected to reiterate its commitment on liquidity. The Reserve Bank of India‘s (RBI) monetary policy committee (MPC) will likely keep the key lending rate … Read more