Neelkanth Mishra

BS Jury on bi-monthly monetary policy review

Ravneet Gill

Arundhati Bhattacharya

Rashesh Shah

ARUNDHATI BHATTACHARYAChairman, State Bank of IndiaThe first policy decision by MPC was more or less along the expected lines with a rate cut of 25 bps from 6.5 per cent to 6.25 per cent. The market, however, was divided on the quantum of the cut. The policy sounds cautious on the inflation trajectory with the target of achieving CPI inflation at five per cent by Q4 FY17. With good monsoon, the pressure from food prices is likely to abate and the inflation trajectory is expected to remain under control in the coming months, beginning November. This will give RBI further scope to cut rates. With the MCLR regime in place, banks are taking baby steps in reducing their interest rates. On a monthly basis, SBI has reduced its one-year MCLR by 25 bps. With this rate cut, the lending rates are expected to come down further. Liquidity conditions are also favourable with the system in surplus mode. Core liquidity has increased from Rs 33,200 crore in August to Rs 48,700 crore in September. Comfo

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Not a good deal

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The buyer must know how to monetise it more effectively

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A calculated gamble

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Back and forth

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For moderate Pre-paid users, Rs 999 recharge hits the sweet spot

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BS Jury on bi-monthly monetary policy review

Letters: Make teaching lucrative

Letters: Take remedial steps

Letters: Time for a revamp

Not a good deal

Language preference

Twitter on sale

A calculated gamble

Back and forth

Letters: Mitigate flow of FDCs

Letters: Better wealth sharing

Letters: Unearthing black money

India's competitive edge

Buy one get one free...

One world

Don't think small

A matter of semantics

For moderate Pre-paid users, Rs 999 recharge hits the sweet spot

Pirated version of Economic Survey

The OPEC surprise