You are here: Home » Opinion » Columns
RBI monetary policy: Rates on hold amid uneasiness on inflation
RBI's right call
Business Standard

A non-monetary policy, par for the course

Rate cut off the table for now; focus is on other measures to ease stress in system

Topics
RBI monetary policy | Reserve Bank of India RBI | RBI rate cut

Tamal Bandyopadhyay  |  New Delhi 



Tamal Bandyopadhyay

In May, when the Reserve Bank of India (RBI) went for an out-of-turn policy rate cut for the second time in a row, paring its policy repo rate to a historic low of 4 per cent, the equity market gave it a thumbs-down and bond prices rose marginally. On Thursday, the RBI refrained from a rate cut but the equity market cheered the policy; the bond prices dropped but there was no big selloff.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Fri, August 07 2020. 00:07 IST

RECOMMENDED FOR YOU

.