Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/impossible-trinity-returns-to-test-rbi/articleshow/92722234.cms Synopsis Law mandates the RBI to keep inflation at 4% which it forecasts to be 6.7% this fiscal. To get to target, it
Category: MPC
*Ashima Goyal writes | Inflation Targeting: Why the criticisms of the RBI governor are misplaced–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/inflation-targeting-criticisms-rbi-misplaced-8015523/ Ashima Goyal writes: India has achieved higher growth and lower inflation than most countries in these difficult times. It is dangerous to apply
Don’t think today’s situation calls for negative real rates: Jayanth Varma | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/don-t-think-today-s-situation-calls-for-negative-real-rates-jayanth-varma-122063001134_1.html Either inflation has to come down on its own or we will have to raise the rate, or it will be a combination
There should not be ‘intolerable growth sacrifice’ to tame inflation abruptly: RBI’s MPC member Jayanth Varma – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/there-should-not-be-intolerable-growth-sacrifice-to-tame-inflation-abruptly-rbis-mpc-member-jayanth-varma/articleshow/92469652.cms Synopsis Jayanth Varma, who is a professor of finance and accounting at IIM Ahmedabad, said he sees the risks to inflation as balanced
India’s inflation fight will not be painless, says RBI deputy governor Michael Patra – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/hopeful-monetary-actions-needed-are-moderate-vs-peers-rbi-deputy-governor-michael-patra/articleshow/92430667.cms Synopsis Patra said the central bank will not allow “jerky movements” of Rupee and stressed that the Indian currency has witnessed least depreciation
Shaktikanta Das: Inflation over 6% hurts growth… It has become broad-based and RBI is addressing it, says Das
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/inflation-over-6-hurts-growth-it-has-become-broad-based-and-rbi-is-addressing-it-says-shaktikanta-das/articleshow/92426490.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis The revival of economic activity continues to be steady and is gaining traction, and RBI is on track to bring down inflation
*RBI plays catch-up, hikes repo rate by 50 bps – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/rbi-plays-catch-up-hikes-repo-rate-by-50-bps/article65508720.ece Raises FY23 retail inflation projection to 6.7% from 5.7%; drops ‘accommodative’ in stance The Monetary Policy Committee (MPC) today stepped up its inflation
*****MPC must fight inflation more aggressively – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/mpc-must-fight-inflation-more-aggressively/article65508267.ece Keeping inflation close to 6% will benefit the government’s borrowing scheme, but will not help curb the price rise The MPC in its
*****RBI joins global central banks, more hikes to follow | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rbi-joins-global-central-banks-more-hikes-to-follow-122060900070_1.html The Indian central bank has now gone back to the familiar script, in line with the global central banks As widely expected, the Reserve
*****All RBI is saying is, give growth a chance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/all-rbi-is-saying-is-give-growth-a-chance/articleshow/92090052.cms Synopsis The risks to the central bank’s inflation guidance – a percentage point higher than what it expected two months ago – are
*Will monetary tightening help fix India’s inflation problem? Swaminathan Aiyar explains – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/will-monetary-tightening-help-fix-indias-inflation-problem-swaminathan-aiyar-explains/articleshow/92099604.cms Synopsis The imported nature of the current bout of inflation along with the fact that the RBI governor Shaktikanta Das himself acknowledging that
*****Will monetary tightening help fix India’s inflation problem? Swaminathan Aiyar explains – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/will-monetary-tightening-help-fix-indias-inflation-problem-swaminathan-aiyar-explains/articleshow/92099604.cms Synopsis The imported nature of the current bout of inflation along with the fact that the RBI governor Shaktikanta Das himself acknowledging that
*****Our stance is withdrawal of accommodation: RBI Governor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/our-stance-is-withdrawal-of-accommodation-says-das/article65507797.ece ‘MPC actions will have an impact in bringing down inflation’ Reserve Bank of India (RBI) Governor Shaktikanta Das believes the monetary policy committee’s
*MPC must fight inflation more aggressively – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/mpc-must-fight-inflation-more-aggressively/article65508267.ece Keeping inflation close to 6% will benefit the government’s borrowing scheme, but will not help curb the price rise The MPC in its
*Repricing liabilities will be a challenge for banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/reprising-liabilities-will-be-a-challenge-for-banks/article65507116.ece Shrinking excess liquidity will put focus back on deposits Banks, compared to other sectors, have been vulnerable to numerous market cycles, and Indian
*Walking the tight rope – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-sharp-hike-in-rates-by-the-mpc-is-called-for-but-the-real-challenge-is-to-control-inflation-without-hurting-growth/article65507333.ece The sharp hike in rates by the MPC is called for but the real challenge is to control inflation without hurting growth The
*Macroeconomic adjustment | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/macroeconomic-adjustment-122060801299_1.html Risks for growth and asset prices have increased After an off-cycle meeting in May, leading to an increase in the policy repo rate by 40
*How will UPI-Credit Card linking benefit customers – Explained | The Financial Express
lipped from: https://www.financialexpress.com/money/how-will-upi-credit-card-linking-benefit-customers-explained/2552635/ UPI-Credit Card Linking Benefit for customers: Linking of credit card with UPI will further increase the usage of UPI, providing users another option
*RBI announces measures for cooperative banks to enhance credit flow for housing sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-announces-measures-for-cooperative-banks-to-enhance-credit-flow-for-housing-sector/articleshow/92074025.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis While announcing the monetary policy, governor Shaktikanta Das said that the cooperative banks will now be able to lend more for home
*Double whammy for new home buyers with rising property price and interest rate? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/real-estate/double-whammy-for-new-home-buyers-with-rising-property-price-and-interest-rate/articleshow/92079719.cms Synopsis The segment that will feel the pain the most is the affordable housing segment – the rate hike is expected to hit