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%.

Scroll Staff

· 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.

Scroll Staff

· 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

The euro at 20: Why the currency’s endurance is not proof of its success

The euro was born with fundamental problems that have weakened it.

Barry Eichengreen, The Conversation

· Jan 10, 2019 · 08:30 pm

RBI keeps repo rate constant at 6.5%, projects GDP growth rate for 2018-’19 at 7.4%

The central bank predicted that the growth rate for the October-March period will be 7.2-7.3%.

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· Dec 05, 2018 · 02:42 pm

Reserve Bank of India keeps key interest rates unchanged

RBI Governor Urjit Patel said the depreciation of the rupee had been ‘comparatively moderate’ in comparison to other emerging market currencies.

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· Oct 05, 2018 · 02:38 pm

RSS ideologue S Gurumurthy's appointment to the RBI raises eyebrows. But what will it really change?

After demonetisation, this posting has raised questions of political interference in the central bank’s functioning.

Shoaib Daniyal

· Aug 10, 2018 · 06:30 am

RBI hikes repo rate to 6.25%, reverse repo rate to 6%

This was the first increase in repo rates since January 2014.

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· Jun 06, 2018 · 02:42 pm

RBI keeps key interest rates unchanged

The decision is consistent with the aim to achieve the medium-term target of keeping consumer price index inflation at 4%, the central bank said.

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· Apr 05, 2018 · 02:52 pm