Restrictive policy will lead to growth sacrifice in 2025-26: MPC member Jayanth Varma
Jayanth Varma voted to reduce the repo rate by 25 basis points and to change the stance to neutral.
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RBI MPC keeps repo rate unchanged for seventh time
GDP growth for the current financial year 2024-25 is projected at 7%
RBI gave sufficient time to Paytm Payments Bank: Shaktikanta Das
Business restrictions are imposed only when constructive engagement doesn't work, RBI governor says on the regulator's action on Paytm Payments Bank.
RBI raises UPI limit for education, medical services; ups e-mandate limit on cards
At present, the UPI transaction limit, excluding capital markets, collection, retail direct scheme and IPO (initial public offering) subscription, has been capped at ₹1 lakh.
Tomato price hike to cause substantial increase in inflation: RBI governor
The month of July has witnessed accentuation of food inflation, primarily on account of vegetables, says Shaktikanta Das
MPC's stance disconnected from reality: Jayanth R Varma
RBI monetary policy committee's stance to remain focused on 'withdrawal of accommodation' is becoming more and more disconnected from reality, says Jayanth R Varma
Rate sensitive stocks see mixed trading as RBI keeps repo rate unchanged
Rate-sensitive stocks saw mixed reactions with financial services and banking stocks witnessing buying whereas auto and realty stocks seeing marginal selling pressure.
RBI cuts inflation projection for FY24, retains 6.5% GDP growth forecast
MPC cuts its inflation forecast for 2023-24 to 5.1% from 5.2% projected earlier
MPC minutes: Members divided on India's economic growth
Monetary Policy Committee's external members cautioned about early signs of a slowdown.
War against inflation not yet won: MPC's Jayanth Varma
Monetary policy should not be conducted by looking at the rear view mirror, says Varma.
