Monetary Policy

Goldman Sachs predicts continued NZD weakness as RBNZ maintains dovish stance ahead of policy meeting. RBNZ Governor Breman said the bank will look through oil price shock and expects slack to curb ne

Goldman Sachs expects the Swiss franc to strengthen against the euro amid rising inflation pressures. March inflation data showed a smaller-than-expected pick-up, but a sharp rise in manufacturing PMI

Bank of India keeps MCLR and RBLR unchanged effective 01.04.2026 across all tenors. Base Rate reduced from 10% to 9.50% p.a., applicable from 01.04.2026 to 30.06.2026. Fixed Rate Spread revised effect

Punjab National Bank keeps all MCLR tenors unchanged effective April 1, 2026, ranging from 7.95% to 9.05%. Repo Linked Lending Rate (RLLR) at 8.10% (including BSP of 0.10%) and Base Rate at 9.50% also

RBI weekly supplement (April 2026) reports state government loans and advances increased by ₹1,055 crore week‑on‑week, offsetting a ₹4,016 crore year‑on‑year decline. Total reserves fell by ₹22,501 cr

RBI will hold a second 3‑day Variable Rate Repo auction on March 30 2026 under the Liquidity Adjustment Facility today. The auction offers a notified amount of ₹50,000 crore with a three‑day tenor, wi

RBI reported total overnight money market volume of ₹6,83,177.05 crore on March 27, 2026, with weighted average rate 5.45%. Repo operation of ₹65,322 crore at 5.26% and MSF of ₹63 crore at 5.50% were

RBI's net liquidity injection (including today’s and outstanding operations) was –₹1,27,027.91 crore, indicating overall liquidity absorption. Today's operations absorbed ₹3,03,517 crore, with MSF len

RBI conducted second 3‑day Variable Rate Repo auction on March 30 2026 with ₹50,000 crore notified amount. Total bids received matched the full notified amount, with ₹34,581 crore allotted at a cut‑of

On March 30 2026, RBI held a 3‑day Variable Rate Repo auction, notifying a total amount of ₹50,000 crore to manage liquidity. Total bids received ₹57,287 crore, with ₹50,001 crore allotted, achieving

RBI's net liquidity injection from today's operations was a withdrawal of ₹2.19 bn, with overall net liquidity of –₹48.7 bn after outstanding operations. Standing Deposit Facility (SDF) absorption amo

RBI conducted a 6‑day Variable Rate Repo auction on March 27 2026, notifying ₹75,000 crore. Bids totalling ₹65,322 crore were fully allotted, matching the total bid amount received. The cut‑off repo r

RBI conducted a 3‑day Variable Rate Repo auction on March 24 2026 with ₹1,00,000 crore notified amount. Total bids received matched the notified amount at ₹55,837 crore, and the full amount was allott

RBI released the schedule for Monetary Policy Committee meetings, outlining six sessions in 2026‑27 to guide policy decisions. The meetings are set for early April, June, August, October, December 202

RBI conducted a 1‑day Overnight Variable Rate Repo auction on 23 March 2026, notifying ₹1,00,000 crore. Total bids received amounted to ₹79,256 crore, which were fully allotted, resulting in an all‑to