Saturday, 25 June, 2022
TopicRepo Rate

Topic: Repo Rate

RBI cuts lending rate by 40 bps to record low, says Indian economy will shrink this fiscal

In his statement, RBI governor Shaktikanta Das said inflation will remain high in the first half of the fiscal, but will stay below the 4% target later.

RBI sticks to script, holds rates due to inflation and fiscal deficit

RBI projects growth for 2020-21 at 6%. Repo rate retained at 5.15% and reverse repo rate at 4.9%.

RBI surprises with no rate cuts, slashes full-year growth projections to 5%

RBI's monetary policy committee retains repo rate at 5.15% & reverse repo at 4.9% in a unanimous decision, notes 'there is space for future action'.

RBI says monetary policy easing will continue as ‘long as necessary’ to revive growth

RBI Governor Shaktikanta Das said policy makers will continue with the "accommodative stance" while ensuring inflation remains within the target.

Dave on ‘most damaging SC verdict’, Baru on ‘quarrelling Asians’, & India’s population boom

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

RBI has done its bit to boost India’s economic growth, now the govt needs to do its share

The govt should restore Department of Economic Affairs’ role of pushing for reform & productivity growth by looking beyond short-term & sectoral issues.

Have RBI rate cuts lost their ability to boost economic growth?

With the economy facing a slowdown, the Reserve Bank of India Wednesday cut the repo rate by 35 basis points in its fourth consecutive policy rate cut this year.

RBI cuts repo rate for fourth time this year — by surprise 35 bps now

RBI’s monetary policy committee says addressing growth concerns remains highest priority as domestic economic activity continues to be weak.

RBI cuts interest rate by 25 bps: Can transmission happen unless PSU banks are reformed?

RBI Monetary Policy Committee cut the interest rate by 25 basis points Thursday, and changed its policy stance from 'neutral' to 'accommodative'

RBI governor Shaktikanta Das’s idea of a 10 basis points rate cut would be meaningless

A 10 basis points cut would hardly have any impact on the Indian market. Instead, RBI needs to consider bigger cuts to impact interest rates.

On Camera

YourTurn

A Wimbledon court | Twitter/Wimbledon

Not Russia, a point-less Wimbledon 2022 affects young tennis players most

Young underdogs have often defeated tennis titans. But Wimbledon 2022 removing ranking points sets them back instead of making a geopolitical impact.
Credit: ThePrint team

‘All about helping Rajni’ — tech gurus at iSPIRT quietly power India’s digital revolution

With the fictitious Rajni from rural India as its guiding light, iSPIRT has been using internet & software to change structure of country’s economy, with aim to improve quality of life.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
×