| Subir Gokarn appointed RBI deputy governor | 19-NOV-09 |
|
| The government today appointed Subir Vithal Gokarn, Standard and Poor’s Asia-Pacific Chief Economist and a Business Standard columnist, as the fourth deputy governor of the Reserve Bank of India (RBI). |
|
|
|
| Shankar Acharya: Exit policy and all that | 12-NOV-09 |
|
| Since the summer of 2009 the world economy has begun to climb out of the Great Recession of 2008-09, much sooner than most people believed possible in the grim months of autumn 2008. Even the US turned the corner in the quarter ending September, registering annualised growth of over 3 per cent. The Asian behemoths of China and India suffered “only” a growth recession and an upswing is now clearly under way, rapidly in China and more sedately in India. |
|
|
|
| Delayed exit may stoke inflation: RBI | 11-NOV-09 |
|
| The Reserve Bank of India (RBI) on Tuesday said that an exit from an easy monetary policy must be calibrated in a manner that kept inflationary expectations well-anchored. |
|
|
|
| Exiting monetary policy stimulus a challenge: RBI | 10-NOV-09 |
|
| The Reserve Bank of India (RBI), which has begun exiting the easy money policy, today said it found supporting growth without compromising financial stability a challenge, even as the government continues to be cautious about ending stimulus. |
|
|
|
|
|
|
| M Govinda Rao: Timing the exit right | 03-NOV-09 |
|
| The expansionary fiscal stance of the last two years cannot continue and an exit strategy will have to be put in place in the forthcoming Budget to ensure fiscal sustainability and greater flexibility in monetary policy operation, and to enhance productivity in public spending and avoid pressure on interest rates. |
|
|
|
| Lurking dangers | 02-NOV-09 |
|
| Even before the dust has settled from last week’s status quo monetary policy announcement, analysts are already recommending and predicting tightening actions by the Reserve Bank of India (RBI) as early as December. Whether circumstances will change so dramatically for the better over the next couple of months is a legitimate question, the answer to which will determine the appropriate timing of any monetary response. As of now, the nature of the response is being seen by many as a largely predictable one — beginning with an increase in the cash reserve ratio and moving fairly quickly on to increases in the benchmark repo and reverse repo rates. But, it is important to point out that these standard responses to steadily increasing inflationary pressures will have to be done in an already complicated environment. |
|
|
|
| Provisioning woes | 02-NOV-09 |
|
| The recent monetary policy announcements pertaining to asset quality and inflation would put pressure on the profitability of banks in the medium term. |
|
|
|
| Banking: Profit taking creates value | 29-OCT-09 |
|
| The RBI quarterly monetary policy review, which emphasized an ‘exit’ from the expansionary stance, provided a backdrop for a flurry of profit-taking in bank stocks. |
|
|
|
|
|
|
| Calibrated approach | 29-OCT-09 |
|
| The Reserve Bank of India has clearly chosen not to upset the recovery and growth momentum for now by keeping key policy rates unchanged in the second quarter review of the monetary policy for 2009-10. This comes as good news for the corporate sector and industry in general, which has been making gradual strides to get back on the growth path after the most challenging year. |
|
|
|
| Soon, new rules may limit bankers' pay | 28-OCT-09 |
|
| Taking a cue from other banking sector regulators, the Reserve Bank of India (RBI) is set to issue fresh guidelines on compensation policies of private and foreign banks. |
|
|
|
| RBI restores SLR to 25% | 28-OCT-09 |
|
| Beginning the end of its accommodative monetary policy, the Reserve Bank of India (RBI) today restored the statutory liquidity ratio (SLR) to 25 per cent from 24 per cent and closed the special financing window set up for mutual funds and home finance companies. |
|
|
|
| No change in held-to-maturity limit | 28-OCT-09 |
|
| The cut-off yield at government bond auctions may be higher by three or four basis points, as the Reserve Bank of India has not accepted the demand for an increase in the limit on securities kept in the Held to Maturity (HTM) category. |
|
|
|
| Bank profits likely to take a knock | 28-OCT-09 |
|
| Bank profits could take a knock over the next four quarters, with the Reserve Bank of India (RBI) today mandating a loan-loss coverage ratio of 70 per cent. |
|
|
|
Content Guide
