RBI Monetary Policy 2023 Live: Reserve Bank of India (RBI) governor Shaktikanta Das is making the primary Monetary Policy commentary of the yr. Das is saying the choices taken via the central financial institution’s Monetary Policy Committee (MPC), which met for 3 days beginning February 6.
In December 2022, after that yr’s closing MPC meet, the RBI raised the repo fee via 0.35 share issues to six.25%, the prevailing fee. This 5th consecutive rate of interest hike took the repo fee to its best possible since March 2019. The opposite repo fee, alternatively, used to be left unchanged at 3.35%.
Follow all of the updates right here:
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Feb 08, 2023 at 10:03 AM IST
Shaktikanta Das starts speech
RBI governor starts cope with to announce the RBI’s first Monetary Policy commentary of 2023.
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Feb 08, 2023 09:56 AM IST
Repo fee hiked in earlier meet
The MPC, in its earlier meet, in December 2022, raised the repo fee via 0.35% however stored the opposite repo fee unchanged. learn
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Feb 08, 2023 09:48 AM IST
What is financial coverage, repo fee and opposite repo fee?
Here’s all you wish to have to find out about financial coverage, repo fee and opposite repo fee. learn
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Feb 08, 2023 09:43 AM IST
Where to observe RBI governor’s cope with?
The speech will probably be aired live to tell the tale the RBI’s youtube channel, News channels, too, will supply are living protection of the cope with.
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Feb 08, 2023 09:29 AM IST
RBI to make first Monetary Policy commentary of 2023
At 10 am, RBI governor Shaktikanta Das will transient the media, and announce the choices taken via the central financial institution’s MPC, which met for 3 days beginning February 6.