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#RBIPolicy | Inflation is expected to surge in July and August due to vegetable prices, MPC remains resolute in aligning inflation to its 4% target: RBI Governor @DasShaktikanta says https://t.co/jPNfTsnMp1
@DasShaktikanta #RBIPolicy | RBI is prepared to act if warranted, global growth will remain low, by historical standards for the next few years

Cumulative rate hike of 250 bps is working its way into the economy

@RBI Governor @DasShaktikanta says https://t.co/MKYMlLUxl5
@DasShaktikanta @RBI #RBIPolicy | Global merchandise trade seen falling to 1.7% in 2023, aggregate demand conditions continue to remain buoyant

@RBI Governor @DasShaktikanta says https://t.co/jH3HStZWSp
#RBIPolicy | From Aug 12 Scheduled commercial banks to maintain Incremental CRR of 10% on increase in NDTL May 19-July 28, this measure is intended to absorb the excess liquidity generated due to the withdrawal of Rs 2,000 banknotes

@RBI Governor @DasShaktikanta says https://t.co/CqLuycNVjy
#RBIPolicy | FPI flows have remained buoyant in FY24 so far, expect current account deficit to remain imminently manageable during the current financial year

@RBI Governor @DasShaktikanta says https://t.co/q4ZALg55op
#RBIPolicy | RBI imposes Incremental CRR (ICRR) of 10% on deposits received by banks between May 19 – July 28. RBI Governor says the measure is temporary & aimed at mopping up excess liquidity due to return of Rs 2000 notes

@RBI Governor @DasShaktikanta says https://t.co/BYpWOpetZX https://t.co/D1DpSDvERK
#RBIPolicy | Introducing offline payments in #UPI using near field technology via UPI Lite, enhancing transaction limit for small value payments from Rs 200 to Rs 500 in offline mode

@RBI Governor @DasShaktikanta says https://t.co/TxZs6Ges1x
Recent spike in #inflation is expected to be short lived. Incremental #CRR is a purely temporary measure, will be reviewed before or by September 8, says @RBI Governor @DasShaktikanta in Post Monetary Policy Press Conference

#MoneytaryPolicy #RBIPolicy #RBIGovernor https://t.co/wydIzVs3wN
87% of ₹2,000 notes have come back to deposits of the banks. Upto the #banks & boards to decide reasonable tenors, #RBI will not define that, we have already held discussions with banks on this front, adds @RBI Governor @DasShaktikanta

Here's more
#MoneytaryPolicy #RBIPolicyhttps://t.co/G35RaEhOZJ https://t.co/GLf1Vc32EM
Internal calculation suggests, net impact of #ICRR will be a little more than ₹1 lk cr. Incremental CRR will be applicable to all the scheduled banks, mentions @RBI Governor @DasShaktikanta

#MoneytaryPolicy #RBIPolicy #RBIGovernor
#JustIn | @RBI releases Monetary Policy Committee (#MPC) minutes for August 8-10 meet

#MPCDecision #rbipolicy #RBI https://t.co/CoNhRrbU3F
@RBI @latha_venkatesh #RBIMPCMinutes | We will manage the liquidity overhang proactively using the various instruments. #MPC task is still not over, will look through first round impact of food prices, says @RBI Governor @DasShaktikanta

#MPCDecision #rbipolicy #RBI https://t.co/uLGOwcK1C3
@RBI @latha_venkatesh @DasShaktikanta #RBIMPCMinutes | Cautiously optimistic #inflation will fall. Current #RepoRate high enough to bring inflation below 6% & glide towards 4%, says Jayanth Varma, MPC Member

#MPCDecision #rbipolicy https://t.co/uksRrZUtoq
#RBIMPCMinutes | Households’ #inflation perceptions, impacted by food price developments should stabilise over year. #Liquidity is a threat to the #RBI or #MPC. RBI must guard against spillover of #food price, says RBI Deputy Governor Michael Patra

#MPCDecision #rbipolicy #RBI https://t.co/UuazvqHzcu
#RBIMPCMinutes | Expect lower #GDP growth compared to 7.2% achieved in #FY23. High #commodity, energy rates challenge to #Price stability. Maintaining #agriculture growth key to sustain #rural demand, says Shashanka Bhide, MPC Member

#MPCDecision #rbipolicy #RBI https://t.co/NuW5LZSawT
#RBIMPCMinutes | Moderating global #inflation makes soft landing feasible. Indian #Oil Marketing companies in position to cut domestic #prices. Impact of previous #RateHikes needs to be observed, says Ashima Goyal, MPC Member

#MPCDecision #rbipolicy #RBI https://t.co/x2ZgRjyxb5
#RBIMPCMinutes | On two earlier occasions #MPC’s prognosis of looking through transitory #inflation pressures proved accurate, says Rajiv Ranjan, MPC Member

#MPCDecision #rbipolicy #RBI https://t.co/ERPoejDfgA