The Reserve Bank of India (RBI) has kept the key rates unchanged in its June 2017 policy. Click here to see what FinBlab has analyzed. Reserve Bank of India kept the repo rate unchanged at 6.25% but cut statutory liquidity ratio by 50 basis points to 20%. RBI is watchful on (1) The impact of GST on prices and (2) How the monsoon will progress to take any further action. Here is a snapshot of the rates - Disclaimer: The contents and data presented here are just for your
The Reserve Bank of India (RBI) will meet on 6th and 7th of June 2017 to review monetary policy. What to Expect From RBI The Reserve Bank of India (RBI) is expected to maintain silent on the key rates in its bi-monthly monetary policy announcement because of (i) Implementation of GST and (ii) Inflation. The proposed implementation of Goods and Service Tax (GST) from July 1, 2017, and it is likely that the RBI may wish to hang around and watch the implementation of GST and its effect on
The Reserve Bank of India (RBI) will meet on 5th and 6th of April 2017 to review monetary policy. What to Expect From RBI More or less, RBI is expected to stay mute on the rates in its upcoming monetary policy because of the rise in inflation rate – both wholesale as well as retail. Wholesale inflation rate soared to 39-months high of 6.55% in February ’17 (was at 5.25% in January ’17) and retail inflation inched up to 3.65% in February ’17 (was at 3.15% in January ’17) due to higher fuel
