https://www.thehindu.com/opinion/editorial/mint-street-musings-on-the-interim-budget-and-the-rbi/article67817982.ece Clipped from: https://www.thehindu.com/opinion/editorial/mint-street-musings-on-the-interim-budget-and-the-rbi/article67817982.ece The interim Budget gives the central bank some more room to manoeuvre The latest bi-monthly meeting of the Reserve Bank of India’s Monetary
Category: MPC
RBI mandates lenders to provide key fact statement to retail, MSME borrowers
https://www.deccanherald.com/business/markets/rbi-mandates-lenders-to-provide-key-fact-statement-to-retail-msme-borrowers-2885785 Clipped from: https://www.deccanherald.com/business/markets/rbi-mandates-lenders-to-provide-key-fact-statement-to-retail-msme-borrowers-2885785 The Reserve Bank of India (RBI) headquarters in Mumbai. Credit: Reuters Photo Mumbai: All lenders will now have to provide Key Fact
MPC | RBI confident of containing inflation, maintaining growth
https://www.deccanherald.com/opinion/mpc-rbi-confident-of-containing-inflation-maintaining-growth-2886159 Clipped from: https://www.deccanherald.com/opinion/mpc-rbi-confident-of-containing-inflation-maintaining-growth-2886159 Reserve Bank of India Governor Shaktikanta Das delivers the Monetary Policy Statement, at the RBI headquarters in Mumbai on February 8. Credit:
The author — former MPC member –stresses ” case for rate cut is non existent ” Courtesy BusinessLine
Lending rates almost peaked, reduction to follow over next 1 year: Bhutada
https://www.business-standard.com/companies/interviews/lending-rates-almost-peaked-reduction-to-follow-over-next-1-year-bhutada-124011900707_1.html Clipped from: https://www.business-standard.com/companies/interviews/lending-rates-almost-peaked-reduction-to-follow-over-next-1-year-bhutada-124011900707_1.html Bhatuda says that as far as passing of the reduction of rates to customers is concerned, the same will follow the interest
Inflation needs to align with target by 2nd quarter: RBI monthly bulletin
https://www.business-standard.com/economy/news/inflation-needs-to-align-with-target-by-second-quarter-says-rbi-report-124011800997_1.html Clipped from: https://www.business-standard.com/economy/news/inflation-needs-to-align-with-target-by-second-quarter-says-rbi-report-124011800997_1.html Report says priority for FY25 is to sustain growth momentum of at least 7% Listen to This Article India should sustain the
Private capital expenditure to pick up in coming years: MPC member Varma
https://www.business-standard.com/economy/news/private-capital-expenditure-to-pick-up-in-coming-years-mpc-member-varma-124011600581_1.html Clipped from: https://www.business-standard.com/economy/news/private-capital-expenditure-to-pick-up-in-coming-years-mpc-member-varma-124011600581_1.html Varma further noted that in the last couple of years, the government has shouldered the burden of investment, while private capital expenditure
Rate cut expected only in first quarter of next fiscal: CRISIL – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rate-cut-expected-only-in-the-first-quarter-of-next-fiscal-crisil/article67726469.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rate-cut-expected-only-in-the-first-quarter-of-next-fiscal-crisil/article67726469.ece A rate cut is expected only in the first quarter of next fiscal, the analytics company’s economic research team said in its
Minutes of Fed meeting points to rate cuts, boosts crude oil prices – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/commodities/minutes-of-fed-meeting-indicating-rate-cuts-boosts-crude-oil-prices/article67708689.ece Clipped from: https://www.thehindubusinessline.com/markets/commodities/minutes-of-fed-meeting-indicating-rate-cuts-boosts-crude-oil-prices/article67708689.ece The minutes of the meeting highlighted that inflation is under control in the US, and the risks that an ‘overly restrictive’ monetary
Central theme of ’24: Fight with inflation for growth
https://www.business-standard.com/opinion/columns/central-theme-of-24-fight-with-inflation-for-growth-123123100628_1.html Clipped from: https://www.business-standard.com/opinion/columns/central-theme-of-24-fight-with-inflation-for-growth-123123100628_1.html A rate cut will happen this year. When? It will depend on the growth-inflation dynamics as well as the US Fed action
Growth being driven by investments, consumption demand weak: MPC’s Shashanka Bhide – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/growth-being-driven-by-investments-consumption-demand-weak-mpcs-shashanka-bhide/article67684279.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/growth-being-driven-by-investments-consumption-demand-weak-mpcs-shashanka-bhide/article67684279.ece Q2 growth was significantly more than what we were expecting. However, these changes, even when they are positive require more concern: Bhide
Jayanth Varma: ‘Approaching a point where a cut is must to check high real interest rate’
Clipped from: https://indianexpress.com/article/business/economy/jayanth-varma-approaching-a-point-where-a-cut-is-must-to-check-high-real-interest-rate-9081547/ The RBI revised upwards real GDP growth forecast for FY24 to 7% from 6.5% earlier. Days after the US Federal Reserve hinted at
Monetarism making a comeback? – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/monetarism-making-a-comeback/3346701/ Clipped from: https://www.financialexpress.com/opinion/monetarism-making-a-comeback/3346701/ The reversal of the inflation tide and the relative failure of inflation-targeting central banks to control it has brought the attention back
Rate cuts coming, but how soon? – Money News | The Financial Express
https://www.financialexpress.com/money/your-money-rate-cuts-coming-but-how-soon-3346692/ Clipped from: https://www.financialexpress.com/money/your-money-rate-cuts-coming-but-how-soon-3346692/ The median of the dots indicate 75 basis points (0.75%) rate cut in 2024 and further 100 basis points (1%) rate cut
‘Closer to where rates have to be cut to avoid excessive real interest’
https://www.business-standard.com/economy/interviews/near-decision-to-cut-rates-to-avoid-excessive-real-rate-rbi-mpc-member-123122400469_1.html Clipped from: https://www.business-standard.com/economy/interviews/near-decision-to-cut-rates-to-avoid-excessive-real-rate-rbi-mpc-member-123122400469_1.html Varma says that since monetary policy acts with lags of three to five quarters, rate actions must be based on projected inflation