The central bank has written to the Finance Ministry and the letter is under consideration, the officials said, asking not to be identified...

The MPC typically meets bi-monthly and comprises of six members.

Many tools can be used to revive demand and stabilise financial markets, they said.

The highlights of the seventh bi-monthly monetary statement for 2019-20 by the RBI amid COVID-19 pandemic.

All three RBI members were for 35 basis points cut and Ravindra Dholakia was for 40 basis points.

"There is clear evidence of domestic demand slowing down further," said Das.

Two external members- Chetan Ghate and Pami Dua voted to reduce the policy repo rate by 25 basis points.

This is second back-to-back rate cut by the Reserve Bank of India

The six-member MPC, headed by Governor Urjit Patel, will meet on April 4 and 5 to decide the first bi-monthly monetary policy of the next f...

The central bank kept the repo rate unchanged at 6.25% and raised the reverse repo rate the rate at which absorbs liquidity from the system.

While all RBI representatives favoured a neutral liquidity stance, only 1 of the external members, Ravindra Dholakia, justified the neutral...

All three RBI representatives, external member Ravindra Dholakia , felt that the current (policy rate) is optimal for liquidity in the econ...

ISI Professor Chetan Ghate, Delhi School of Economics Director Pami Dua and IIM-Ahmedabad Professor Ravindra Dholakia do not yet have vigil...

While market determined exchange rate may be the mantra for the central bank, there may be times when there have to be active interventions.

They are going to play an important role in setting policy rates as Reserve Bank of India has relinquished this power to the committee.

MPC, which will take over the job of setting interest rate, will have six members, with the government and RBI appointing three persons eac...

Indian Institute of Management Kozhikode (IIMK) will be hosting the 52nd Annual Conference of The Indian Econometric Society (TIES) from Ja...