"monetary-policy-committee"

RBI Governor Sanjay Malhotra said India may introduce polymer currency notes by FY28 after ongoing field trials assess durability and suitability. The pilot involves Rs 10 and Rs 20 denominations, with polymer notes expected to complement existing paper currency rather than replace it

The Reserve Bank of India's Monetary Policy Committee is widely expected to keep the repo rate unchanged at 5.25 per cent while retaining its neutral stance. Markets will closely watch Governor Sanjay Malhotra's guidance on inflation, growth, liquidity and future policy direction.

The RBI's three-day Monetary Policy Committee meeting began on Monday, with markets expecting the repo rate to remain unchanged at 5.25 per cent. Investors are closely watching the central bank's inflation, growth and liquidity outlook ahead of the August 5 policy announcement

The RBI kept the repo rate unchanged at 5.25% for a second consecutive policy review, citing risks from rising crude oil prices, West Asia conflict-related supply disruptions, rupee depreciation, and potential inflation pressures despite retail inflation remaining close to its 4% target

The central bank's decision to maintain the status quo signals a careful balancing act between controlling inflation and supporting economic growth in an increasingly uncertain global environment

The RBI on Friday kept the policy repo rate unchanged at 5.25 per cent and retained a neutral stance, citing controlled inflation and a favourable growth outlook. The MPC said it is assessing global headwinds while allowing earlier rate cuts to transmit.

Both growth and price stability equally important, says RBI Governor

Currently, the transaction limit for UPI stands at ₹1 lakh for both person-to-person (P2P) and person-to-merchant (P2M) payments. However, certain P2M transactions are allowed higher limits, with some capped at ₹2 lakh and others at ₹5 lakh, depending on the use case.

There is no such thing as Digital Arrest in the law. Call 1930 for help, says Reserve Bank of India

The bank has kept the repo rate unchanged at 6.5 per cent since February 2023; the last time the RBI had reduced the rate was during Covid times and thereafter, it was gradually raised to 6.5 per cent

RBI signals its cautious approach to balance the twin factors of inflation and growth

The CRR has been reduced from 4.5 per cent to 4 per cent. This is the first time since March 2020 that the CRR has been cut

The RBI’s stance suggests a continued focus on price stability, given the current economic climate

Sensex sheds 325.97 points to 79,142.04, Nifty dips 99.1 points to 24,198.40

After three days of deliberation, RBI Governor Shaktikanta Das announced on Friday that the Monetary Policy Committee (MPC) unanimously opted to maintain the repo rate at 6.5 percent

RBI Governor Shaktikanta Das said on Thursday that the committee unanimously decided to keep the repo rate at 6.5 per cent.

Given the growth-inflation trade-off, Governor Das took the right call, particularly in the context of global slowdown

The repo rate, also called the policy rate, is the interest at which RBI lends money to the commercial banks.

The monetary policy framework, which came into effect about six years ago, mandates the Reserve Bank of India (RBI) to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side.

The RBI's Monetary Policy Committee (MPC) will meet on November 3 to discuss what it would tell the Centre as to why it was not able to restrain the inflation.