RBI monetary policy committee keeps rates unchanged

Monetary policy: RBI keeps rates unchanged, cuts growth forecast

RBI monetary policy committee has kept the repo rate unchanged at 4%, the reverse repo rate at 3.35%, and the marginal standing facility rate and the bank rate at 4.25%. Read more »
RBI monetary policy focus on growth, jobs

Monetary policy: Growth, jobs bigger concerns than inflation

RBI's monetary policy committee should consider a 25 basis points cut in repo rate as the economy is on the verge of Covid-19 third wave. Read more »
RBI monetary policy

Monetary policy: RBI joins quantitative easing bandwagon

In a major departure, the RBI has committed its balance sheet to monetary policy in the April 2021 MPC meeting. Read more »
global minimum tax will make multinational corporations pay taxes

RBI monetary policy: Rate cuts unlikely for the rest of 2021

The RBI needs to do a fine balancing act between withdrawing the ultra-accommodative monetary policy and ensuring the smooth completion of the government’s borrowing programme. Read more »
ADB's GDP growth forecast for Indian economy

QE and other drugs: RBI must review liquidity enhancing measures

A combination of high inflation and low interest rates has given rise to negative real rates for savers which is not a welcome phenomenon. Read more »

RBI must pause rate cuts to anchor inflation expectations

Emerging markets need some kind of market-based capital flow management and macro-prudential measures as well as more exchange rate flexibility. Read more »

RBI may keep rates unchanged, but 25 bp cut desirable

It is surprising that the Reserve Bank of India stuck to a literal, narrow interpretation of its mandate and chose to focus on short-run inflation. Read more »
RBI monetary policy focus on growth, jobs

Interest rates: The case for a free hand to RBI, banks

Any agency other than the Reserve Bank of India and lenders interfering will adversely affect the systems already in place in the country’s financial sector. Read more »
Budget 2021 smacks of fiscal conservatism

RBI will resume rate cut spree sooner than later

Economists have warned a repeat of 2010 when the RBI's targeting of CPI inflation led to an industrial slowdown. They say WPI is more relevant for the industry. Read more »
free-trade agreements

RBI policy must focus on financial system stability

In the transition from lockdown to normalcy, there will be logistics problems, supply chain disruptions and market fragmentation that need to be tackled. Read more »