Page 25 - Monetary Policy Committee

A no-action policy with focus on growth

'Unwinding' is unlikely to happen before the third quarter of this year even if we don't mess up in tackling a possible third wave of Covid; rate hike may have to wait for next year

Best of BS Opinion: Sebi's delay makes RIL order absurd, RBI policy & more

Here's a selection of Business Standard opinion pieces for the day

April monetary policy a fine balancing act

Structurally, it's a well-crafted policy. But like in cricket and politics, things can change dramatically for a central bank in a very short time

E-wallets are similar to bank accounts, but more convenient: Experts

Will help those who can't ensure minimum balance

Best of BS Opinion: Data breach menace, Chinese dreams of future & more

Here's a selection of Business Standard opinion pieces for the day

Benchmark indices continue winning streak on RBI's accommodative stance

The Sensex rose 460 points, or 0.94 per cent, to close at 49,662, while the Nifty50 added 136 points, or 0.92 per cent, to end the session at 14,819

Risks beyond growth

RBI should not undermine the price and financial stability objectives

How long will the RBI continue with its extreme accommodative stance?

Status quo expected on Wednesday, but guidance will hold the key for bond market

Status quo policy likely with focus on growth

An OMO calendar will make bond dealers happy but a disinvestment or privatisation calendar by the government will be a more potent weapon to manage yield and push growth

RBI's multiple challenges

Attaining different objectives could become more difficult

Monetary policy: All eyes on RBI for orderly evolution of yields

Overall policy focus will remain on supporting growth through low and stable interest rates and abundant liquidity

Shades of status quo

Reversal of interest rate cut should have been avoided

2-6% retail inflation band has been working well since 2016, say economists

However, some want core to be monitored as well, MPC should be given leeway to choose target

MPC minutes: Unwinding high indirect taxes on fuel critical, says Das

Fall in inflation gives MPC room to continue to support growth in economy

Industrial output recovers by a small 1%, retail inflation at 16-month low

Experts say MPC may continue with accommodative stance in next nine months

Policy normalisation path

RBI will need to do a tough balancing act

An IWG taking a look at central bank digital currency: Das, Kanungo & Patra

RBI Governor Shaktikanta Das, and Deputy Governors Michael Debabrata Patra and B P Kanungo spoke on a range of topics in a post-policy press meet

Monetary policy: RBI doing exactly what AQR does, though unofficially

The Economic Survey, last week, had suggested that there should be one more round of AQR of banks after the Covid-related forbearance is over

Monetary policy to stay accommodative in near term, but exit is near

Despite the fiscal activism in the Budget, the MPC stated that the recovery was yet to gain firm traction and needed continued policy support

MPC in 2 minutes: Here're the key development and regulatory steps

The six-member MPC kept interest rates on hold, but said it will keep its stance accommodative to support the government's huge borrowing programme