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Best of BS Opinion: RBI monetary policy, BJP's election campaign, and more

Business Standard Opinion pieces for the day talk about RBI's decision and other issues related policy and politics.

RBI
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RBI keeps policy rates unchanged after the latest meeting of its monetary policy committee.

Rajesh Kumar
As widely expected, the monetary policy committee of the Reserve Bank of India decided to leave the policy rates unchanged on Thursday. However, the central bank made several policy interventions to improve transmission and incentivise the banking system to lend.
 
Business Standard Opinion pieces for the day talk about RBI’s decision and other issues related policy and politics
 
On balance, the set of policy interventions announced by the central bank on Thursday is intended to improve transmission and incentivise the banking system to lend. But whether these measures would improve lending remains to be seen, argues our lead