policy rate

RBI may not have to drain cash further as core liquidity declines

by
RBI may not have to drain cash further as core liquidity declines

Mumbai: The Reserve Bank of India need not have to tighten liquidity any further as a metric cited by the central bank has fallen below levels that could stoke inflation, potentially paving the way for Mint Road to effectively deliver a rate cut by letting market rates ease from their current elevated levels. As of … Read more

November inflation print provides impetus to end rate hike cycle: SBI economists

by
November inflation print provides impetus to end rate hike cycle: SBI economists

The November inflation print of 5.88 per cent provides impetus to end the rate hike cycle, economists at the country’s largest lender SBI said on Monday. This came hours after official data showed that consumer price index (CPI) based inflation cooled to 5.88 per cent in November, the first time that it has come within … Read more