Articles for tag: inflation trends, Monetary Policy, repo rate

Rajiv Sharma

Up to 9.5% interest on savings, investors can earn more from these banks

Up to 9.5% interest on savings, investors can earn more from these banks

The Reserve Bank of India (RBI) has opted to maintain its key interest rate, known as the repo rate, while simultaneously moderating its previously aggressive stance. This decision marks the initial step towards a potential reduction in interest rates in the future. Understanding the implications of this decision is crucial for various stakeholders, including consumers, ...

Rajiv Sharma

Change in Monetary Policy Committee ahead of RBI meeting, 3 new members appointed

Change in Monetary Policy Committee ahead of RBI meeting, 3 new members appointed

The Ministry of Finance has announced the appointment of three new external members to the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI). This restructuring is part of the government’s efforts to align monetary policies with current economic conditions and to bolster the committee’s effectiveness in guiding India’s monetary policy framework. Understanding ...