RBI cuts growth forecast for 2021-’22 to 9.5%, keeps repo rate unchanged at 4%

Reserve Bank of India Governor Shaktikanta Das said all six members of the monetary policy committee voted in favour of keeping the rates on hold.

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· Jun 04, 2021 · 10:12 am

RBI keeps repo rate unchanged at 4%, growth rate projection for 2021-’22 maintained at 10.5%

The central bank governor Shaktikanta Das flagged risks in domestic demand due to another surge in coronavirus cases.

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· Apr 07, 2021 · 10:32 am

RBI keeps repo rate unchanged at 4%, projects 10.5% growth rate for 2021-’22

The key lending rates have stayed unchanged at historic low levels since May last year.

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· Feb 05, 2021 · 10:20 am

RBI keeps repo rate unchanged at 4%, revises GDP growth forecast from -9.5% to -7.5%

The reverse repo rate was also unchanged at 3.35%.

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· Dec 04, 2020 · 10:58 am

Real GDP to contract by 9.5% in 2021, says RBI, keeps interest rates unchanged

The repo rate stayed at 4% and the reverse repo rate at 3.3%.

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· Oct 09, 2020 · 10:23 am

The Reserve Bank of India can’t counter food inflation without factoring in extreme weather events

What’s behind the rising price of onions in every alternate year since 2013? Climate change.

Rohit Inani, qz.com

· Feb 14, 2020 · 01:30 pm

RBI lowers GDP growth forecast to 6.1% amid economic slowdown

The top bank also slashed the repo rate by 25 basis points to 5.15%.

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· Oct 04, 2019 · 12:04 pm

RBI cuts repo rate by 35 basis points to 5.4%, real GDP growth projection revised downwards

The central bank said retail inflation would remain within targeted band in the next 12 months.

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· Aug 07, 2019 · 01:24 pm

Reserve Bank of India to waive all charges on RTGS and NEFT fund transfers from July 1

The central bank said the decision was taken to encourage digital transactions.

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· Jun 11, 2019 · 10:03 pm

RBI reduces repo rate for a third time this year, lowers GDP growth forecast to 7% for 2019-’20

The repo rate, or the interest rate at which the RBI lends to commercial banks, will now be 5.75% – the lowest in nine years.

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· Jun 06, 2019 · 11:56 am

RBI lowers repo rate by 25 basis points to 6% – the second cut in two months

The six-member monetary policy committee, headed by RBI Governor Shaktikanta Das, decided to maintain the policy stance at ‘neutral’.

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· Apr 04, 2019 · 11:59 am

RBI lowers repo rate by 25 basis points to 6.25%, first cut since August 2017

This was the first RBI policy meeting since Shaktikanta Das took over as the RBI governor in December.

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· Feb 07, 2019 · 12:03 pm