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RBI MPC DIVIDED OVER SPREADING INFLATIONARY PRESSURES WHY IN NEWS ? The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has revealed differences among members over whether inflation is becoming widespread and persistent. Minutes of its October meeting highlighted concerns over rising consumer prices, future interest rate hikes, and implications for monetary policy and …
Read MoreRBI Holds Repo Rate Amid Growth And Inflation Concerns Why in the News ? The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25%, while revising GDP growth downward to 6.9% for FY27. The decision reflects rising risks from global conflicts, oil prices, and inflation uncertainties. Key Monetary Policy Decisions: The …
Read MoreSyllabus: GS-3- Indian economy , RBI and the functioning of RBI Focus : The RBI’s Monetary Policy Committee (MPC) has chosen to maintain the benchmark policy repo rate at 6.5%. This decision marks the seventh consecutive meeting where the rate remains unchanged. Source- RBI RBI’s Monetary Policy Decision: The above decision was supported by food …
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