"RBI MPC LIVE: Shaktikanta Das to announce Monetary Policy Committee decision today; focus shifts on RBI"

5th Feb,2021

"RBI MPC LIVE: Shaktikanta Das to announce Monetary Policy Committee decision today; focus shifts on RBI"

"RBI MPC LIVE: Shaktikanta Das to announce Monetary Policy Committee decision today; focus shifts on RBI"

Eyes can nowadays shift focus from North Block and Dalal Street to Mint Road because the depository financial institution of Asian nation gears up to announce choices taken by its financial Policy Committee. After 3 days of deliberation, RBI’s MPC can announce wherever interest rates square measure headed to from here. The move gains significance now as earlier on the central government undraped its huge borrowing set up. Most economists expect the MPC to continue holding the repurchase rate at four-dimensional. The 10-year bond yield has gone up from 5.93% every day previous the Union Budget to 6.08% yesterday. The MPC cut interest rates by a hundred and fifteen basis points last year to keep up liquidity within the national economy however has maintained the establishment for the last 3 conferences
RBI Policy LIVE Updates: depository financial institution of India's financial Policy Committee (MPC) has unbroken repo rate unchanged at four-dimensional, reverse repo maintained at three.35% and conjointly maintained Accommodative" stance
Monetary Policy LIVE Updates: The financial Policy Committee (MPC) on December four set to stay interest rates unchanged. it's maintained the policy stance at "accommodative", amid high inflation and a few signs of economic recovery. The MPC created a unanimous call to stay the repo rate steady at four p.c, depository financial institution of Asian nation (RBI) Governor Shaktikanta Das aforementioned. The reverse repo rate conjointly remains steady at 3.35 percent.