The report has been authored by Dr Soumya Kanti Ghosh, Group Chief Economic Adviser, SBI
Related: RBI increases repo rate by 25 bps to 6.5%; retains 'neutral' stance
'Our focus in terms of policy choices is to get headline inflation to 4%'
Niranjan Hiranandani, chairman and managing director at Hiranandani Communities, said that the hike would negatively impact buyers' sentiment ...
July CPI print is likely to be below 4.5% and could even touch 4%, if food prices rise by 1% month-on-month, in line with previous month's trend
The proposed revisions would be issued for public comment by the end of September
The RBI introduced the Banking Ombudsman Scheme in 1995
The Reserve Bank of India can sell an additional $25 billion, at least, in the foreign-exchange market, SBI estimates
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But economists also say from now on minutes of the six-member Monetary Policy Committee meeting will make interesting reading
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Two MPC members specifically warned that India may no longer be able to afford being accommodative on inflation
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Says recap will be front-loaded for healthy banks; others have to prove efficiency
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Incoming data on growth will become increasingly important now
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RBI in total issued Rs 1 lakh cr of special bonds, sold another Rs 90,000 cr of regular bonds directly to secondary market
New notification changes interest prospectively and will not apply to omission to pay service tax before May 14, 2016
