The Reserve Bank of India’s Monetary Policy Committee (MPC) unanimously voted to reduce repo rate by 25 bps and decided to continue with a ‘Neutral’ stance.
RBI raises FY26 GDP growth estimates to 6.8% from 6.5% earlier. Here are the quarterly estimates: Q2FY26: Raised to 7% from 6.7% Q3FY26: Cut to 6.4% from 6.6% Q4FY26: Cut to 6.2% from 6.3% GDP growth ...
Monetary policy is one of the most important tools available to a central bank for managing an economy. In India, it is conducted by the Reserve Bank of India (RBI), and every two months, the RBI’s ...