RBI Monetary Policy Highlights: Repo Rate: Unchanged at 6.5% for the 10th meeting, signaling stability for borrowers. GDP Forecast: FY25 growth downgraded to 6.6% (from 7.2%) amid global and domestic challenges. Inflation Update: FY25 inflation revised to 4.8%, with a gradual easing expected by FY26. Digital Initiatives: MuleHunter. AI launched to counter digital scams. UPI credit access expanded through small finance banks. Impact: Consumers: Relief as inflation eases, though borrowing costs stay high. Businesses: Cautious growth outlook, yet infrastructure projects bring opportunities. Economy: Progress driven by innovative, inclusive financial policies. #RBIPolicy #Inflation #EconomicGrowth #DigitalBanking #IndiaEconomy Read more at : https://lnkd.in/dqbYCEKY
NewsCafe Media’s Post
More Relevant Posts
-
Reserve Bank of India (RBI) #monetarypolicy #inflation #globaleconomy RBI has announced a policy which is conservative and risk averse amidst global economic challenges and internal changes in India. Revision in growth rate and repo rate to remain constant will again bring some inflationary situation further to consumers. Indication says clearly that near future economic situation world wide is going to be affected adversely so everyone needs to be very cautious with respect to Saving and Spending both ..
RBI Monetary Policy Highlights: Repo Rate: Unchanged at 6.5% for the 10th meeting, signaling stability for borrowers. GDP Forecast: FY25 growth downgraded to 6.6% (from 7.2%) amid global and domestic challenges. Inflation Update: FY25 inflation revised to 4.8%, with a gradual easing expected by FY26. Digital Initiatives: MuleHunter. AI launched to counter digital scams. UPI credit access expanded through small finance banks. Impact: Consumers: Relief as inflation eases, though borrowing costs stay high. Businesses: Cautious growth outlook, yet infrastructure projects bring opportunities. Economy: Progress driven by innovative, inclusive financial policies. #RBIPolicy #Inflation #EconomicGrowth #DigitalBanking #IndiaEconomy Read more at : https://lnkd.in/dqbYCEKY
To view or add a comment, sign in
-
RBI's October Monetary Policy - Key Highlights! • RBI keeps repo rate unchanged at 6.5% to maintain inflation balance. • FY25 GDP growth forecast steady at 6.5%, reflecting strong domestic demand. • Inflation forecast remains at 5.4% with crude oil risks ahead. • RBI announces liquidity measures to ensure credit flow to key sectors. • Keep an eye on global risks and oil volatility. Follow Rupeezy for more such financial insights! #linkedin #finance #stockmarkets #money
To view or add a comment, sign in
-
RBI’s monetary policy update today brought a balanced approach: Repo rate remains steady at 6.5%, marking the 11th consecutive hold. Cash Reserve Ratio (CRR) reduced by 50 bps to 4%, injecting ₹1.16 lakh crore into the system. GDP growth forecast for FY25 revised to 6.6% from 7.2%. Inflation projection adjusted to 4.8%. A crucial move to balance liquidity, growth, and inflation control in dynamic economic conditions. #RBI #MonetaryPolicy #EconomicGrowth #InflationControl #LiquidityManagement #IndiaEconomy #FinancialMarkets
To view or add a comment, sign in
-
Repo Rate, GDP Growth, & CRR What changed in today's RBI meeting? Here's a quick breakdown. 1. Repo Rate Unchanged: - Held steady at 6.5% for the 11th meeting in a row to tackle inflation and sluggish growth. 2. GDP Growth Cut: - FY25 forecast lowered to 6.6% from 7.2%, reflecting economic challenges. 3. Inflation Revised Up: - Now projected at 4.8% for FY25, with a target to hit 4% by mid-next year. 4. CRR Reduced: - A 50 bps cut will release ₹1.16 lakh crore into the banking system. 5. FCNR(B) Boost: - Higher interest rate ceilings to attract foreign capital inflows. #RBI #MonetaryPolicy #Inflation #IndianEconomy #EconomicGrowth
To view or add a comment, sign in
-
Bond market recap: 22 October Stay up-to-date with Harmoney’s Daily Newsletter. Here are quick highlights: • Government bond yields rose after US Treasury yields hit a nearly three-month high, and traders trimmed their portfolios amid fading hopes of a December rate cut by the MPC following the RBI Governor's comments on Friday. The 10-year benchmark bond yield ended at 6.83%, up from 6.82% on Friday. Trading turnover decreased to ₹474.80 billion, compared with ₹605.15 billion on Friday. • The call rate closed below RBI's standing deposit facility rate of 6.25% as demand for funds from banks eased toward the end of the session. The rate ended at 5.75%, against 6.55% for two-day loans on Saturday. The weighted average call rate was 6.50%, up from 6.23% on Saturday. • US Treasury yields climbed on Monday after Fed officials stated that buoyant US economic data will lead to modest rate decreases by the Federal Reserve. The 10-year benchmark note yield rose to 4.19%. Read more at: https://lnkd.in/ghc6WMa5 #Harmoney #HarmoneyNewsletter #MarketTrends
To view or add a comment, sign in
-
09/10/2024 - RBI Monetary Policy highlight 📢 The RBI has decided to maintain the repo rate at 6.5% and has shifted its stance from "withdrawal of accommodation" to "neutral." This change suggests that the central bank is aiming to balance inflation control with economic growth. The stock market responded positively, even without a rate cut, reflecting investor optimism. Stable interest rates, supported by low inflation, are good indicators for the economy. When interest rates are high, borrowing costs increase, which can slow down market activity. Conversely, lower rates make borrowing cheaper and can stimulate more market activity. Looking ahead, if inflation continues to decrease and global risks lessen, a rate cut in December is possible. The RBI's neutral stance allows for adjustments in future rate decisions based on economic developments. Some key figures to mark: ➡️ The repo rate stays unchanged at 6.5%. ➡️ The Standing Deposit Facility Rate is maintained at 6.25% ➡️ Marginal Standing Facility Rate and Bank Rate remain at 6.75%. ➡️ CPI inflation is unchanged at 4.5%. ➡️ GDP growth projections remain steady at 7.2%. Comment your thoughts below! Connect for more such content! 💡 #wealthequity #wealth #equity #nse #knowledge #investment #finance #growth #rbi #economy #election #stockmarket #monetarypolicy #reservebankofindia #inflation #reporate #repo #oil #gdp #gdpgrowth
To view or add a comment, sign in
-
Key highlights from the October 2024 Monetary Policy: RBI holds the repo rate at 6.5% and adopts a neutral stance. Inflation and GDP growth forecasts remain steady, indicating a balanced and flexible approach to managing economic stability. #miraeasset #miraeassetmutualfund #IndianEconomy #MonetaryPolicy #RBI
To view or add a comment, sign in
-
🚨BREAKING: RBI maintains repo rate at 6.5% in its December 2024 policy meeting - the 11th consecutive hold. Here's what business leaders need to know... Policy Decisions: • Repo rate steady at 6.5% • CRR reduced to 4% from 4.5% • ₹1.16 lakh crore liquidity injection • GDP growth forecast adjusted to 6.6% Current Economic Indicators: • Inflation at 6.21% (October 2024) • GDP growth at 5.4% (Q2 FY25) • Target inflation range: 2-6% Business Impact: • Stable borrowing costs continue • Enhanced banking liquidity • Better lending capacity for banks • EMIs likely to remain unchanged RBI's message is clear: inflation control remains priority while supporting growth. What's your take on this in our current economic climate? —————————————————————— 👉 P.S. If you enjoyed this, you'll love my 3-min newsletter [🔗 in comment]
To view or add a comment, sign in
-
Repo Rate unchanged, now what?🤔 RBI's October policy has two major updates: 🔹 GDP growth forecast for FY25 is 7.2%. 🔹 Repo rate remains steady at 6.5%. How does this affect you? 🔸 Lower repo rates mean cheaper loans and higher consumer spending. 🔸 Higher repo rates slow down spending and reduce liquidity. But, With the Repo Rate steady, the market is likely to see neutral to positive momentum, offering stability in key sectors. Will this decision impact your investments? Comment Now! 👇 Stay ahead with the latest financial updates by following us Now! 🔔 [repo rate, RBI monetary policy, Indian economy, financial market news] #RBI #ReporateImpact #MonetaryPolicy #RepoRate #EconomicUpdate #IndianMarket #FinancialNews #Marketupdate #MarketTrends #Choice
To view or add a comment, sign in
-
Amidst the quarterly dip in GDP numbers, there is commentary about the need for RBI to cut rates in order to spur growth back. At the same time, we need to see data points for inflation to cool down to a comfortable range for rate cuts to happen. In this scenario, it is important to track how the system liquidity has played out. Here, we see that RBI has been comfortable with keeping the banking and financial system in a state of positive liquidity ahead of the festive season around Aug 2024 while before that the system liquidity was kept negative. So, the liquidity trend is reflective of the shift of stance from withdrawal of accommodation to neutral. The RBI is already in action mode and could perhaps do more on spurring back credit growth in order to support growth alongwith rate cuts as and when they happen. RBI has been voted the best Central Banker in the world by global forums for the second consecutive year and has shown in the past that they shall act when the economy needs them!
To view or add a comment, sign in
530 followers