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07 Feb 2019

Home, auto loans set to be cheaper as Shaktikanta Das cuts interest rates

This is Das' first monetary policy review after taking charge as the RBI Governor, replacing Urjit Patel.

07 Feb 2019

RBI Governor Shaktikanta Das to present maiden monetary policy today

Deviating from the practice of releasing the resolution of MPC in afternoon, the RBI will place it on its website at 11.45 am today.

04 Oct 2016

Home, auto loans set to be cheaper as RBI new Governor Urjit Patel cuts interest rates by 0.25%

In the first monetary policy review under RBI Governor Urjit Patel, the interest rate was today cut by 0.25 percent to six-year low of 6.25 percent in a unanimous decision by the new rate-setting panel MPC.

04 Oct 2016

RBI Governor Urjit Patel offers festive gift to borrowers, cuts interest rates by 0.25%

The newly-constituted Monetary Policy Committee (MPC) headed by RBI Governor Urjit Patel on Tuesday cut repo rate by 0.25 percent in its maiden policy review which is likely to make home and auto loans cheaper.

04 Oct 2016

RBI Governor Urijit Patel to present maiden monetary policy today

Moving away from the usual practice of announcement at 11 am, the fourth bi-monthly monetary policy review would be made public at 2:30 pm after the MPC meeting.

01 Oct 2016

RBI Governor Urijit Patel to present maiden monetary policy next week; investors keen for his views

A month into the job, Reserve Bank of India new Governor Urijit Patel will on Monday and Tuesday chair his maiden policy review.

30 Sep 2016

New RBI chief Urjit Patel and monetary policy committee face close call on rates

A month into the job, India`s new central bank governor will on Monday and Tuesday chair his maiden policy review, which for the first time will see a committee set interest rates, though views are divided on whether there will be any change this time round.

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