Dr Nagesh Kumar, one of the three new MPC members, wanted the MPC to reduce the repo rate by 25 basis points to 6.25%. IMAGE: Reserve Bank of India Governor Shaktikanta Das. Photograph: Francis......
. Photograph: Francis Mascarenhas/Reuters While top economists are of the view that the Reserve Bank of India's Monetary Policy Committee (MPC) may not cut the repo rates, they also said it would......
The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is......
The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. Photograph:......
With concern on food inflation ebbing with the monsoon progressing well, the Reserve Bank of India (RBI) is warming up to the idea of a change in stance to “neutral” from......