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 »
In a major departure, the RBI has committed its balance sheet to monetary policy in the April 2021 MPC meeting. Read more »
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 »
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 »
Emerging markets need some kind of market-based capital flow management and macro-prudential measures as well as more exchange rate flexibility. Read more »
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 »
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 »
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 »
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 »
The Reserve Bank of India should pause rate cuts, must signal that it continues on the accommodative path and still has space for future cuts in policy rates. Read more »