Indian middle class

Commodity prices, supply chain disruptions may upset RBI’s inflation math

The RBI has come up with an unconvincing forecast that inflation will cool down to 5.3% in the current financial year before easing to 4-4.3% by the end of the next. Read more »
indian economy

RBI monetary policy must focus on inequalities, climate change, Omicron

All-round uncertainty may prompt the RBI monetary policy committee to retain its accommodative stance while keeping the repo rate unchanged. Read more »
IMF, RBI

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 »
Indian economy

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 raises repo rate by 25 basis points

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 »
startups, PE VC funding

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 »
IndiaN economy, $5 trillion 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 »
Digital Personal Data Protection Bill

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 »
iNSURANCE LAW

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 »
Indian economy

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 »