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October 09, 2024 / 10:45 IST
RBI Repo Rate Update: Global Economic Insights
RBI Governor Shaktikanta Das noted that the global economy remains robust, with India achieving a 6.7% GDP growth in Q1:2024-25, primarily fueled by private consumption and investment.
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October 09, 2024 / 10:33 IST
RBI Repo Rate Update: New Climate Risk Database
The RBI plans to establish a database called the RBI Climate Risk System, as announced by Das.
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October 09, 2024 / 10:30 IST
RBI Repo Rate Update: NBFC Self-Correction Preferred
The RBI is monitoring data related to credit cards and loans, urging banks and NBFCs to focus on inactive accounts and cybersecurity. Some NBFCs are expanding without solid underwriting practices, and the RBI is prepared to intervene if necessary.
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October 09, 2024 / 10:29 IST
RBI Repo Rate Update: Vigilance on NBFCs
Das assured that the RBI is closely observing the situation with NBFCs and will take appropriate actions as needed.
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October 09, 2024 / 10:22 IST
RBI Repo Rate Update: Stability of Indian Rupee
Das highlighted that the Indian rupee has remained stable and is among the least volatile currencies compared to other emerging markets.
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October 09, 2024 / 10:21 IST
RBI Repo Rate Update: Bond Yield Movements
Following a shift in stance to ‘Neutral,’ the yield on the 10-year benchmark bond eased by 5 bps to 6.7434 percent.
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October 09, 2024 / 10:20 IST
RBI Repo Rate Update: Inflation Management
Das mentioned that inflation is currently stable but requires careful monitoring.
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October 09, 2024 / 10:17 IST
RBI Repo Rate Update: Inflation Projections
The RBI forecasts inflation to rise to 4.8% in Q3, with overall FY25 projected at 4.5%.
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October 09, 2024 / 10:16 IST
RBI Repo Rate Update: GDP Growth Forecast
The RBI maintains its real GDP growth forecast for FY25 at 7.2%.
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October 09, 2024 / 10:14 IST
RBI Repo Rate Update: Growth Estimates
Projected growth rates include 7.0% for Q2, and 7.4% for both Q3 and Q4 FY25.
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October 09, 2024 / 10:13 IST
RBI Repo Rate Update: Improving Government Consumption
Despite an 8-core industries output decline of 1.8% in Q1, government consumption is on the rise.
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October 09, 2024 / 10:10 IST
RBI Repo Rate Update: Repo Rate Decision
The repo rate remains unchanged at 6.5%, with a shift in the policy stance to neutral.
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October 09, 2024 / 10:03 IST
RBI Repo Rate Update: MPC Meeting Commencement
Governor Das has commenced his speech regarding the MPC outcomes.
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October 09, 2024 / 09:59 IST
RBI Repo Rate Update: Context of US Fed Rate Cut
This marks the RBI’s first policy announcement after the US Fed’s recent rate cut, amidst speculation on India’s potential rate movements.
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October 09, 2024 / 09:47 IST
RBI Monetary Policy Update: Market Reactions
Markets opened positively ahead of the RBI’s policy meeting, anticipating no change in key rates for the tenth time.
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October 09, 2024 / 09:46 IST
RBI Monetary Policy Update: Importance of October MPC
This MPC meeting holds significant importance regarding rate decisions and inflation concerns amid geopolitical tensions.
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October 09, 2024 / 09:35 IST
RBI Monetary Policy Update: Watching the MPC Meeting Live
Updates on the MPC meeting outcomes will be provided live.
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October 09, 2024 / 09:29 IST
RBI Monetary Policy Update: Indian Rupee Status
The rupee opened at 83.9238 against the US dollar ahead of the policy announcement.
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October 09, 2024 / 09:28 IST
RBI Monetary Policy Update: Flexibility in Stance
The neutral stance offers the RBI flexibility to adjust rates based on future economic conditions.
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