Reserve Bank Governor Sanjay Malhotra opined that rate reduction was an appropriate monetary policy response at this juncture citing movement of inflation towards the central bank's 4 per cent target, ...

The Reserve Bank of India (RBI) released the minutes of the Monetary Policy Committee (MPC) meeting on Friday, February 21, highlighting that India's repo rate reduction was an appropriate policy ...

The February meeting of the MPC, which was the first chaired by Malhotra, reduced the policy repo rate — after five years — by 25 basis points (bps) to 6.25 per cent.

The minutes, containing remarks of the MPC members from its February 6-8 review, come at a time when major central banks around the globe have the Herculean task of controlling red-hot inflation ...

RATE CUT IN FEBRUARY; BUT HOW MUCH MORE? The RBI Monetary Policy Committee (MPC), in its Feb 05-07 meeting, cut repo rates by 25 bps to 6.25%. This lowered the SDF rate also by 25 bps to 6.00% ...

“Need to preserve high growth momentum, price stability as food inflation outlook is turning decisively positive,” Malhotra said in the MPC minutes. The six-member monetary policy committee ...

The baseline projections suggest headline inflation to average at 4.2 per cent during 2025-26," he said, according to the minutes. The external members of the MPC -- Nagesh Kumar, Saugata ...

The baseline projections suggest headline inflation to average at 4.2 per cent during 2025-26," he said, according to the minutes. The external members of the MPC -- Nagesh Kumar, Saugata Bhattacharya ...