MPC
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Opportunity India Desk Dec 08 2023 - 7 min readThe Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das on Friday opted to maintain the repo rate at 6.5 per cent following a comprehensive evaluation of the evolving macroeconomic developments. This is the fifth consecutive meeting in which the MPC has chosen to maintain the existing status on the repo rate. ...
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Opportunity India Desk Aug 10 2023 - 2 min readThe Reserve Bank of India (RBI) on Tuesday kept the repo rate unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent, RBI Governor Shaktikanta Das said. The Monetary Policy Committee (MPC) met on August 8, 9, and 10, 2023 and after detailed deliberation on ...
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Opportunity India Desk Jun 08 2023 - 4 min readThe Monetary Policy Committee on Thursday decided to keep the policy repo rate unchanged at 6.5 per cent, the Reserve Bank of India Governor Shaktikanta Das said after three days of deliberation. “MPC also decided by a majority of five out of 6 members to remain focused on withdrawal of accommodation to ensure inflation aligns ...
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Priyanka Tanwer Sep 16 2022 - 2 min readNDDB Dairy Services (NDS) promotes 20 farmer-owned Milk Producer Companies (MPCs) which has been created by nearly 0.75 million farmers. In these companies, 70 per cent are women including the ownership of 12 MPCs, Meenesh Shah, chairman, National Dairy Development Board (NDDB) said. These farmer-owned organisations return up to 85 per cent of consumer money ...
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Opportunity India Desk Aug 05 2022 - 6 min readAs predicted by many economist and experts, the Reserve Bank of India (RBI) Governor Shaktikanta Das announced that the bank has increased the repo rate by 50 basis point (bp). This hike shows the singular focus on inflation of the monetary policy committee (MPC). One bp is one hundredth of a percentage point. With this, ...