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Inflation may force RBI to hike rate once again

Inflation may force RBI to hike rate once again

Mumbai: It will be a catch-22 situation for India’s rate setting panel when it meets for three days —...

3 April 2023 7:45 AM

Reserve Bank of India Governor Shaktikanta Das speaks during a press conference announcing the central banks monetary policy statement, in Mumbai, Wednesday, Feb. 8, 2023. (PTI Photo)

RBI hikes repo rate by 25 basis points to 6.5%

This is the sixth time interest rate has been hiked by the RBI since May last year, taking the total quantum of hike to...

8 Feb 2023 5:49 AM

Reserve Bank of India (RBI) governor Shaktikanta Das addresses via livestream as he announces the central banks monetary policy decisions, in Mumbai. PTI photo

Missed inflation target, but acting early would have exerted heavy...

Das said the RBI decided to support the economy by not introducing a rate hike in face of a spike in inflation

2 Nov 2022 7:38 AM

Reserve Bank of India Governor Shaktikanta Das (PTI Photo)

RBI hikes policy repo rate by 50 bps, raises inflation forecast to 6.7...

This is the second hike in the policy repo rate since the being of the current financial year

8 Jun 2022 6:06 AM