The RBI has cut the repo rate by a cumulative 115 basis points this year on top of a 135-basis-point-reduction last year. Das said the MPC chose to hit the pause button to allow commercial banks to pl...

The Reserve Bank of India is likely to leave repo rate unchanged in the upcoming policy review meeting and the Monetary Policy Committee may look for "unconventional policy measures" to ensu...

At least four members of the RBI’s monetary policy committee (MPC) feared the economy would shrink in the current fiscal as they voted to cut the policy repo rate at their meeting held last month, a...

The Reserve Bank of India lowered key interest rates at an emergency meeting of the Monetary Policy Committee and pledged to make more cuts if needed to boost India’s coronavirus-wrecked economy tha...

The minutes of the unscheduled MPC (monetary policy committee) meeting of the RBI held between March 24 and March 27 show some dissenting voices over the magnitude of the repo rate cut — 75 basis po...

All-out efforts are needed to mitigate the adverse impact of the Covid-19 pandemic, and the RBI will use any instrument necessary to revive growth and preserve financial stability, according to the mi...

The outlook for India’s economic recovery has been sharply altered by the coronavirus outbreak, the Reserve Bank of India said in its Monetary Policy Report, underlining the pandemic’s deepening i...

Amid lockdowns and global slowdown adversely impacting the economic activity, the RBI on Thursday expressed hope that recent monetary and fiscal measures will mitigate the impact of Covid-19 on domest...

The three-day-long meeting of the monetary policy committee (MPC) of the RBI that led to the announcement of a bumper 75-basis-point cut in the repo rate was held in utmost secrecy with no prior commu...

The RBI on Friday allowed banks to put on hold EMI payments on all term loans for three months as it slashed the cost of fresh borrowing by cutting policy interest rate by steepest in more than 11 yea...