https://www.financialexpress.com/industry/banking-finance/spike-in-inflation-rbi-calls-for-reforms-in-perishables-supply-chain/3214198/ The Reserve Bank of India (RBI) on Thursday said retail inflation is expected to average well above its target band of 4%-6% in Q2FY24,
Category: MPC
👍👍👍👍👍India Inc has delivered bumper profits in Q1, but sales are slowing
https://www.thehindubusinessline.com/opinion/editorial/india-inc-has-delivered-bumper-profits-in-q1-but-sales-are-slowing/article67205958.ece Firms outside the banking and finance sector too have delivered healthy profits Disposable incomes will have rise to support aspirational spending | Photo Credit:
Liquidity splash have implications for asset price bubble, says RBI report
https://www.business-standard.com/markets/news/liquidity-splash-have-implications-for-asset-price-bubble-says-rbi-report-123081700781_1.html excerpts The Reserve Bank of India has raised concerns over potential asset price bubbles stemming from excess liquidity in the banking system, owing to
🙏🙏🙏🙏🙏Centre will ‘intensify’ efforts to control inflation: TV Somanathan
https://www.business-standard.com/economy/news/centre-will-intensify-efforts-to-control-inflation-tv-somanathan-123081600721_1.html The central government will take a medium-term view while intensifying efforts to reduce the inflationary burden, and will avoid any knee-jerk reaction to transitory
July inflation raises more than ‘transient’ questions
https://www.thehindubusinessline.com/opinion/editorial/july-inflation-raises-more-than-transient-questions/article67201943.ece There are several aspects of the latest retail inflation numbers for July that need to be dissected – besides the obvious fact that it
🙏🙏🙏🙏🙏Incremental CRR: A painful pill for the economy?
The Reserve Bank of India (RBI) announced on August 10 that it will be imposing an incremental cash reserve ratio (ICRR) of 10 per cent
Though things look rosy on the growth front, the RBI cannot take its eyes off the inflation scenario
https://www.thehindubusinessline.com/opinion/fight-against-inflation-is-not-over/article67198732.ece Policy rate cycles are typically asymmetric. While policy accommodations are rapid, policy tightening is generally slow and calibrated. This time, the policy responses to
👍👍👍👍👍When P2P platforms act like deposit-taking NBFCs
https://www.business-standard.com/opinion/columns/when-p2p-platforms-behave-like-deposit-taking-nbfcs-123073000534_1.html excerpts P2P is an online marketplace or a lending platform, which collects money from individuals and lends to individuals as well as micro and
Soon, conversational payments on UPI using AI
https://www.business-standard.com/economy/news/india-to-see-conversational-payments-on-upi-using-artificial-intelligence-123081000795_1.html India is about to embark on a new chapter in its instant payment system as the central bank has proposed the incorporation of conversational
Staying the course: What could prompt the RBI to change its approach?
https://www.business-standard.com/opinion/columns/staying-the-course-what-could-prompt-the-rbi-to-change-its-approach-123081001012_1.html Even though the Reserve Bank of India (RBI) has consistently sounded hawkish since April 2022, what made this MPC decision different was that it
Recent spike in CPI inflation is expected to be short lived, says RBI
https://www.business-standard.com/economy/interviews/recent-spike-in-cpi-inflation-is-expected-to-be-short-lived-says-rbi-123081000631_1.html Opening remarks by Das: India is emerging as the new growth engine of the world. In a highly volatile and uncertain world, India is standing
Monetary policy review: RBI may seek comfort in Rs 1 trn excess fund
https://www.business-standard.com/economy/news/rbi-likely-to-seek-comfort-around-rs-1-trillion-surplus-liquidity-123081000794_1.html Market participants expect the Reserve Bank of India (RBI) to obtain a sense of ease when the liquidity surplus comes down to around Rs.
RBI to prescribe framework to reset floating rate loans
https://www.business-standard.com/economy/news/rbi-s-to-prescribe-framework-to-reset-floating-interest-rate-loans-emi-123081000818_1.html Concerned about loan-repayment periods becoming unreasonably long, the Reserve Bank of India (RBI) will put in place a transparent framework for resetting interest rates
Status quo policy with hawkish undertone
https://www.business-standard.com/opinion/columns/status-quo-policy-with-hawkish-undertone-123081000742_1.html He has brushed aside the sudden rise in consumer price index (CPI) inflation, driven by food prices shock, and looked through this as an
What is ICRR, and its impact on liquidity
https://www.thehindubusinessline.com/blexplainer/how-incremental-cash-reserve-ratio-icrr-will-impact-liquidity/article67183500.ece What is ICRR, and its impact on liquidity What is ICRR? Before moving on to incremental cash reserve ratio (ICRR), we need to understand
Less hawkish Fed is good news for India
https://www.thehindubusinessline.com/opinion/editorial/less-hawkish-fed-is-good-news-for-india/article67128052.ece The action of the Federal Reserve Open Market Committee in its July meeting was along expected lines, with the committee hiking the Fed funds
Inflation concerns: Rather than alarm the markets, RBI has opted to alert them
https://www.financialexpress.com/opinion/inflation-concerns-rather-than-alarm-the-markets-rbi-has-opted-to-alert-them/3206934/ This would help mop up about Rs 1 trillion from the system and is aimed at absorbing the excess liquidity created by the return
👍👍👍👍👍MPC does a tightrope walk
https://www.thehindubusinessline.com/opinion/mpc-does-a-tightrope-walk/article67183713.ece Another pause by the MPC is no sign that the peak policy rate is here BY HIMADRI BHATTACHARYA The stance of the policy was also
A watchful pause–Editorial in Business Standard
https://www.business-standard.com/opinion/editorial/a-watchful-pause-123081000954_1.html the revised inflation projection warrants a discussion on the sufficiency of monetary policy action taken so far. The MPC’s revised projection indicates that the
MPC is right in deciding to look through recent spikes in food prices–Editorial in BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/mpc-is-right-in-deciding-to-look-through-recent-spikes-in-food-prices/article67180571.ece Excerpts Interest rates may not rise sharply from here, nor will they decline anytime soon. This is the key message from the Reserve Bank