Day: October 12, 2024

RBI Meeting Live Update: ‘Outlook for Crude Oil Prices is Softer Than Today,’ Says RBI Deputy Governor Michael Patra

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RBI

In the latest *Reserve Bank of India (RBI) monetary policy meeting, Deputy Governor **Michael Patra* provided insights into the current economic landscape, highlighting the *softer outlook for crude oil prices* compared to their present levels. His remarks signal cautious optimism regarding the future trajectory of crude oil prices and their implications for inflation, economic growth, … Read more

Bond Yield Eases 5 bps After RBI Shifts to ‘Neutral’ Stance

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RBI

In a notable development, bond yields in India eased by *5 basis points (bps)* following the *Reserve Bank of India’s (RBI)* recent decision to shift its monetary policy stance from “calibrated tightening” to a more *neutral stance*. This move signals the central bank’s readiness to adjust its policies in either direction, depending on evolving economic … Read more

No Change in Home Loan EMIs as RBI Keeps Repo Rate Unchanged for 10th Time in a Row

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Change

In its recent monetary policy meeting, the *Reserve Bank of India (RBI)* decided to maintain the *repo rate* at *6.50%* for the tenth consecutive time, leaving home loan equated monthly installments (EMIs) unchanged. This decision reflects the central bank’s commitment to carefully balancing the economic growth trajectory with the need to keep inflation under control. … Read more