Press Releases - Reserve Bank of India
WEBDec 21, 2022 · The median headline inflation rate projected by the RBI survey of Professional Forecasters conducted in November 2022 is at 6.6 per cent for Q3: FY 2022-23 and 6.1 per cent for Q4: FY 2022-23, with 6.7 per cent for the financial year as a whole.
RBI leaves inflation projection for FY25 unchanged at 4.5% as …
WEBApr 5, 2024 · The Reserve Bank of India's (RBI) Monetary Policy Committee with a five-to-one majority decided to keep the repo rate- key lending rate- unchanged at 6.5% for the seventh time in a row. The rate-setting panel also left the policy stance unchanged with focus on withdrawal of accommodation.
Publications - Reserve Bank of India
WEBSep 30, 2022 · The Reserve Bank of India (RBI) Act enjoins the RBI to set out deviations of actual inflation outcomes from projections, if any, and explain the underlying reasons thereof. The April 2022 MPR projected inflation at …
RBI MPC Meet 2024: RBI leaves inflation projection for FY25 …
WEBJun 7, 2024 · The RBI's Monetary Policy Committee kept the repo rate unchanged at 6.5% for the eighth consecutive time, citing vigilance against potential inflationary pressures. Governor Shaktikanta Das highlighted the uptick in …
Reserve Bank of India - RBI Bulletin
WEBDec 20, 2022 · With the onset of the war, the distribution of inflation was characterised by high mean rates, sequentially lower positive skew and relatively lower kurtosis, indicating that a sizeable number of sub-groups experienced high inflation rates and influenced the headline inflation rate.
rbi inflation rate: Monetary policy: RBI cuts inflation projection …
WEBFeb 8, 2023 · The Reserve Bank of India cut inflation aim to 6.5% from 6.7% forecast in December policy. The central bank today also raised the benchmark rate by 25 basis points and retained monetary policy stance of withdrawal of accommodation.
Food or Fed: What will RBI choose in October? | Mint
WEB11 hours ago · The RBI has kept interest rates unchanged since February 2023. ... Even if inflation aligns with the RBI’s projection in 2024-25, it would still be 50bps higher than the ideal 4% mark. For now ...
India’s August inflation remains within RBI’s sweetspot ... - Mint
WEBSep 12, 2024 · India’s retail inflation inched up to 3.65% in August, primarily due to food prices, but has stayed within RBI’s target. Although this and a likely rate cut in the US has tempered rate cut ...
RBI's next big decision: 3 new faces, 2 charts, 1 rate
WEB1 day ago · The case for lower interest rates in India Those who want the RBI to cut rates cite the high real interest rate in India. Real interest rate is the difference between the repo rate and the projected retail inflation for the next year. It currently stands at 2.1% whereas anything between 1.4% and 1.9% is ideal, according to the RBI.
RBI Unlikely to Cut Interest Rates in 2024: SBI Chief
WEB4 days ago · Retail inflation, which is being taken into consideration by the rate-setting panel MPC for its decision, rose marginally to 3.65 per cent in August, from 3.54 per cent in July. While the overall inflation is below the RBI's median target of 4 per cent, the rate of price rise in the food basket was 5.66 per cent in August.
Skip to content