Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbi-may-have-underplayed-inflation-but-its-reasons-look-compelling/articleshow/88221196.cmsSynopsis While the GDP numbers do seem encouraging, private consumption accounting for over 60% of our GDP, remains 3% below the pre-pandemic levels. Further,
Day: December 12, 2021
‘Credit markets, sectors hit by the pandemic may exert pressure on solvency of lenders’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-markets-sectors-hit-by-the-pandemic-may-exert-pressure-on-solvency-of-lenders/article37927239.ece Banks’ willingness to lend may be affected due to their modest profits: BRICS bulletin While accommodative policies have helped in easing liquidity strains
Regulation of digital lending to help space grow, protect consumer interest – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/lending-a-new-balance-to-digital/2385660/ Development of certain baseline technology standards for offering digital lending solutions, along with requirement of all data to be stored in servers located
MPC’s Rates Decision: Status quo on rates no surprise – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/mpcs-rates-decision-status-quo-on-rates-no-surprise/2385573/ What did surprise, however, was the Monetary Policy Committee’s moderate inflation trajectory projection. The MPC’s average CPI inflation forecast for FY22 (ends March
Rising income inequality is cause of concern | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/rising-income-inequality-cause-of-concern-7664854/ 🔴 Increasing GDP pie, enabling access to education, healthcare can help resolve issue India is one of the worst performers. The latest World
RBI keeps interest rates unchanged as Omicron creates economic uncertainty, casts shadow over growth | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/monetary-policy-committe-on-status-quo-following-omicron-7663130/ On the growth front, the MPC believes that economic activities are gaining traction, noting that “recovery in domestic economic activity is turning increasingly
Saugata Bhattacharya writes: RBI must tackle surplus liquidity on way to policy normalisation
Clipped from: https://indianexpress.com/article/opinion/columns/rbi-must-tackle-surplus-liquidity-7663127/ 🔴 Saugata Bhattacharya writes: Liquidity management in the extended banking and financial system will now be the key pillar of normalisation Reserve Bank
Goods and Services Tax as an unfinished agenda – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/goods-and-services-tax-as-an-unfinished-agenda/article37928330.ece Seen purely from a revenue point of view and as a fiscal policy tool, India’s GST is still on a rocky road GST,
Omicron shadow: On RBI’s latest monetary policy – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/omicron-shadow-on-rbi-latest-monetary-policy/article37918139.ece RBI may need to act to ward off price pressures sooner rather than later The RBI’s latest monetary policy action, of maintaining status quo on benchmark