Clipped from: https://www.business-standard.com/article/finance/inflation-worries-play-on-rbi-s-mind-dampen-mood-of-bond-market-121020500591_1.html Higher inflation projection rules out any rate cut possibility in the first half of FY22; bond yield jumps Reserve Bank of India governor
Category: MPC
RBI keeps rates unchanged, invites retail investors directly to gilt mkt | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-keeps-rates-unchanged-invites-retail-investors-directly-to-gilt-mkt-121020500375_1.html The RBI said it will restore the cash-reserve ratio to its normal levels in two phases, 3.5 per cent (from 3 per cent
RBI to retain key rates, maintain accommodative stance in Feb policy meet–business today
Clipped from: https://www.businesstoday.in/sectors/banks/rbi-policy-meet-central-bank-to-keep-key-rates-unchanged-maintain-accommodative-stance/story/429696.html In the last MPC meet on December 4, the RBI had kept benchmark repurchase (repo) rate unchanged at 4 per cent amid concerns
Revamping Monetary Policy Target–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/revamping-monetary-policy-target/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. This newspaper does not believe that, in an
Too much fall in short term rates poses threat to financial stability: RBI minutes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbis-mpc-likely-to-maintain-its-accommodative-stance-sees-limited-rate-cut-window/articleshow/79799542.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The MPC left key interest rates unchanged this month amid persistently high inflation but said it would ensure ample liquidity to stressed sectors
Tenuous tack: The Hindu Editorial on RBI holding interest rates – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/tenuous-tack-the-hindu-editorial-on-rbi-holding-interest-rates/article33264765.ece?homepage=true The MPC’s policy of prioritising growth over price stability is clearly fraught with risks Friday’s decision by the Monetary Policy Committee (MPC) of
RBI extends its pause: What lies ahead for borrowers, depositors and bond markets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/rbi-extends-its-pause-whats-lies-ahead-for-borrowers-depositors-and-bond-markets/article33247082.ece As was widely expected, the RBI paused and held its key policy repo rate at 4 per cent on concerns over sticky inflation.
The power of forward guidance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-power-of-forward-guidance-120120401574_1.html The point of dissonance is, however, regarding the surplus liquidity sloshing around the banking system and the fear that it might endanger financial
A no-action monetary policy buys time for growth | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-no-action-monetary-policy-buys-time-for-growth-120120401329_1.html The job of breaking the back of inflation is left to the government’s proactive supply management strategies, for now There is no surprise
RBI ignores inflation, sticks to growth plan – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-ignores-inflation-sticks-to-growth-plan/2143686/ The policy seeks to reassure bond markets while hoping a good crop and fixing Covid-bottlenecks will ease inflation Reserve Bank of India (RBI)
In RBI’s inflation-growth balancing, growth is big winner in this round – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/in-rbis-inflation-growth-balancing-growth-is-big-winner-in-this-round/articleshow/79578747.cmsSynopsis Normally, with this kind of elevated inflation scenario, the regulator would have treaded a more careful path. However, given the extraordinary situation, the
The power of forward guidance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-power-of-forward-guidance-120120401574_1.html The point of dissonance is, however, regarding the surplus liquidity sloshing around the banking system and the fear that it might endanger financial
RBI holds steady as it sides more with growth recovery than with its inflation objective – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-holds-steady-as-it-sides-more-with-growth-recovery-than-with-its-inflation-objective/2143694/ Despite raising its inflation forecast, RBI did not take immediate steps to reign in surplus liquidity, thereby choosing economic recovery over inflation control,
Growth Over Fighting Inflation–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/growth-over-fighting-inflation/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Monetary Policy Committee (MPC) has voted for
Socrates, status quo and solutions: What Shaktikanta Das talked of at RBI’s last policy review of 2020 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/socrates-status-quo-and-solutions-what-shaktikanta-das-talked-of-at-rbis-last-policy-review-of-2020/articleshow/79560009.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Das made some important observations about the current economic situation, before closing his address with a quote from Socrates: “We can be bitter
Why Shaktikanta Das can’t afford to follow other central banks’ Covid playbooks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/why-shaktikanta-das-cant-afford-to-follow-other-central-banks-covid-playbooks/articleshow/79566630.cms SynopsisIndia’s flexible inflation targeting introduced four years ago ties the central bank’s hands when it comes to interest rates as it is mandated
Look beyond rate cut to boost credit flow – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/look-beyond-rate-cut-to-boost-credit-flow/article33233880.ece The RBI’s steps have ensured adequate liquidity and lower interest rates. Banks must now step up and boost lending Ever since the pandemic
Monetary policy fails to stimulate the economy – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/monetary-policy-fails-to-stimulate-the-economy/2142002/ Subdued credit growth is a bigger concern than rising inflation. Time for the MPC to shed light on this inability to revitalise demand
Banks want RBI to extend recast window till March 31, 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-want-rbi-to-extend-recast-window-till-march-31-2021/articleshow/79531422.cmsSynopsis Bankers have requested the regulator that given the case in the Supreme Court leading to a prolonged moratorium, they haven’t been able to
RBI’s options narrow as inflation & inflows both rise – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbis-options-narrow-as-inflation-inflows-both-rise/2141130/ Keeping repo unchanged is an obvious choice, the bigger challenge is the balance between inflation and rupee value Given retail inflation for October