RBI MPC Meet Highlights: Tax payment limit through UPI raised from Rs 1 lakh to Rs 5 lakh, says Guv Shaktikanta Das

Key takeaways from RBI MPC meet

From unchanged repo rate to growth forecast for this financial year, here are the key points from the meeting.

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Where to watch RBI Governor's MPC address online

The MPC meeting announcement will be streamed on RBI's official YouTube channel.

It can also be watched on the central bank's Facebook and Twitter pages.

RBI Governor Shaktikanta Das is scheduled to announce the Monetary Policy at 10 am.

RBI likely to hold rates, may sound more confident of reaching inflation target

The Reserve Bank is expected to hold its key rates at the forthcoming policy review, but may sound more confident about reaching its 4 per cent inflation objective.

The RBI has kept repo rate at 6.5 per cent since February 2023

RBI kept repo rate unchanged at 6.5%

Governor Shaktikanta Das keeps benchmark interest rate unchanged for 9th time in a row.

The RBI's Monetary Policy Committee, decided to keep repo rate unchanged at 6.5 per cent by a 4:2 majority.

Food component of inflation remains stubborn, says RBI Guv.

RBI decides to continue with withdrawal of accommodative monetary policy stance: RBI Guv Shaktikanta Das.

Global economic outlook exhibits steady, though uneven expansion: RBI Guv Shaktikanta Das.

New technologies like AI pose new set of challenges for global economy: RBI Guv Shaktikanta Das.

Manufacturing activities continue to gain ground on back of increasing domestic demand, services sector remains buoyant: RBI Guv Das.

Household consumption is supporting turnaround in demand: RBI Guv Shaktikanta Das.

Improved agricultural activities brightens prospects of rural consumption: RBI Guv Shaktikanta Das.

RBI keeps growth projection unchanged at 7.2 per cent for current financial year.

A degree of relief in retail inflation is expected from pickup in southwest monsoon: RBI Guv Shaktikanta Das.

RBI Governor projects retail inflation at 4.5 per cent during FY'25 assuming normal monsoon.

Continued high food prices slowed the process of disinflation in Q1FY'25: RBI Guv Shaktikanta Das.

High food inflation also impacts household inflation expectation, says RBI Governor.

Overall inflation trajectory moderating, expect continued moderation, but need to be watchful: RBI Guv Shaktikanta Das.

RBI will continue to be nimble and flexible in liquidity management operations: RBI Guv Shaktikanta Das.

MPC has to be vigilant as country is witnessing persistently high food inflation: RBI Governor.

Indian financial system remains resilient, gaining strength from broader macroeconomic stability: RBI Guv Shaktikanta Das

Indian Rupee remained largely range-bound in August, says RBI Governor Shaktikanta Das.

Decline in deposits may expose banks to structural liquidity issues; banks should be careful: RBI Governor Das.

RBI Guv Shaktikanta Das expresses concern over rising disbursals of top-up home loans; asks lenders to take remedial actions.

Current Account Deficit to remain imminently manageable during this fiscal, says RBI Governor Das.

India's forex reserves touched record high of $675 billion as of August 2, says RBI Governor.

RBI proposes a public repository of digital lending apps to check unauthorised players, says Guv Shaktikanta Das.

RBI raises tax payment limit through UPI from Rs 1 lakh to Rs 5 lakh: Guv Shaktikanta Das.

RBI raises frequency of reporting of banks to Credit Information Companies to a fortnight, as against once a month currently.

Inflation and growth evolving in balanced manner, though we need to remain vigilant on food prices front: RBI Guv Shaktikanta Das.

RBI proposes steps to speed up clearance of cheques to few hours, says Guv Shaktikanta Das.