Swati Bhat

Monetary Policy Committee Friday kept the repo rate unchanged at 6.50% for an eighth straight policy meeting, in a continued attempt towards bringing down inflation to 4% target.

By Swati Bhat and Ira Dugal MUMBAI (Reuters) -India's central bank said on Monday the country added 46.7 million jobs in the fiscal year

By Ira Dugal and Swati Bhat MUMBAI (Reuters) - The Indian central bank's rate setting panel faces another food-driven spike in inflation as

By Swati Bhat MUMBAI (Reuters) - India will have to adopt a more cautious approach to monetary policy if high food prices persist and threaten

India's newly-appointed monetary policy committee members may see at least one dissenter calling for a rate cut when the group meets next week, several economists said in separate research notes this week.

Swati Bhat 3-min read By Swati Bhat MUMBAI (Reuters) - India's central bank is likely to keep rates steady on Wednesday, with

India cannot risk another bout of inflation and the monetary policy committee (MPC) must adopt a cautious approach to lowering interest rates, members of the rate-setting panel said in the minutes of the October meeting.

India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's U.S. presidential election, two sources familiar with the bank's thinking said.

Swati Bhat 2 min read By Swati Bhat MUMBAI (Reuters) - The Reserve Bank of India may ease monetary conditions on Friday by

India on Monday appointed career civil servant Sanjay Malhotra as the new central bank governor in a surprise move that leaves markets guessing about the future direction of monetary policy.